The Fair Share Report

36 Farmbrook Dr

Old Bridge, NJ 08857

The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.

Step 1 · Market value

≈ $552,444

Likely range $489,871 – $594,830, from 12 comparable Old Bridge sales in the past 18 months, at this home's 1,408 sq ft.

Step 2 · The Director's Ratio

28.33%

The state's official measure of how far Old Bridge assessments sit below market value — republished every October, applied town-wide. A $552,444 home should be assessed near $156,507.

Step 3 · Assessed value

$118,400

Set at the last town-wide revaluation and mostly frozen since. That's $38,107 below what the ratio math suggests (24.3%).

Step 4 · The tax rate — same for every Old Bridge home

$6.094 per $100 assessed

$3.800 Schools · 62% $1.156 County · 19% $1.138 Town · 19%

This home's own bill implies $6.002 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$7,106/yr
Public schools$4,431
Middlesex County$1,348
Town of Old Bridge$1,327
Old Bridge average$9,590

This home vs. every recent Old Bridge sale · assessed ÷ market

Town median 24.8%
This home · 21.4%

14%38%

Paying about right

This home's ratio lands inside Old Bridge's normal band. The drift hasn't singled it out — no case for a tax appeal.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
6 STONEYBROOK DR2025-06$590,0001,40821.0%
104 SOUTHWOOD DR2026-04$391,0001,40831.5%
13 BEVERLY RD2025-10$625,0001,43419.5%
15 ANDOVER RD2025-09$550,0001,43421.6%
23 ORCHARD DR2026-05$565,0001,44021.5%
11 WELLESLEY RD2025-01$485,0001,39425.9%
22 WOODCREST DR2025-08$485,0001,43424.6%
4 DARTMOUTH RD2026-04$250,0001,36851.1%
56 WASHINGTON AVE2026-04$575,0001,40823.0%
2 EMERSON LN2025-04$555,0001,35221.2%
30 HILLIARD RD2025-07$602,0001,35021.1%
58 PIEDMONT DR2025-03$598,0001,38023.6%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →