The Fair Share Report

36 Second St

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

≈ $674,058

Likely range $601,791 – $730,746, from 12 comparable Old Bridge sales in the past 18 months, at this home's 2,016 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 $674,058 home should be assessed near $190,961.

Step 3 · Assessed value

$151,000

Set at the last town-wide revaluation and mostly frozen since. That's $39,961 below what the ratio math suggests (20.9%).

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%

Step 5 · The bill

$9,382/yr
Public schools$5,850
Middlesex County$1,780
Town of Old Bridge$1,752
Old Bridge average$9,590

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

Town median 24.8%
This home · 22.4%

15%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
35 TERRILL RD2025-02$590,0001,90426.1%
19 STEINHARDT AVE2025-04$590,0002,11423.6%
31 CEDAR AVE2026-01$715,0001,91422.4%
48 CREIGHTON CIR2025-09$670,0001,91025.4%
57 PACIFIC BLVD2026-02$604,9002,04221.5%
281 PROSPECT AVE2026-05$680,0001,91223.5%
83 SOUTHWOOD DR2025-09$715,0001,95319.6%
18 BRUCE ST2026-03$600,0002,01026.6%
223 CINDY ST2025-10$730,0002,12922.9%
24 OWENS RD2026-03$680,0001,87626.4%
25 MORSELL PL2026-06$555,0002,06226.1%
40 SENECA ST2025-06$655,0001,95927.4%

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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 →