The Fair Share Report

37 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

≈ $537,043

Likely range $440,898 – $586,097, from 12 comparable Old Bridge sales in the past 18 months (home size estimated from assessor data — range widened).

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 $537,043 home should be assessed near $152,144.

Step 3 · Assessed value

$123,900

Set at the last town-wide revaluation and mostly frozen since. That's $28,244 below what the ratio math suggests (18.6%).

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

$7,698/yr
Public schools$4,800
Middlesex County$1,460
Town of Old Bridge$1,438
Old Bridge average$9,590

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

Town median 24.8%
This home · 23.1%

16%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
21 PRINCETON RD2025-07$585,0001,36822.4%
3052 BORDENTOWN AVE2025-01$490,0001,33825.6%
3010 CHEESEQUAKE RD2026-02$495,0001,38826.4%
42 SHADY OAK ST2025-10$465,0001,38826.5%
2 EMERSON LN2025-04$555,0001,35221.2%
43 THROCKMORTON LN2025-05$650,0001,38024.6%
16 MARSAD DR2026-02$520,0001,31225.4%
30 HILLIARD RD2025-07$602,0001,35021.1%
56 WASHINGTON AVE2026-04$575,0001,40823.0%
4 DARTMOUTH RD2026-04$250,0001,36851.1%
71 STEVENS AVE2025-04$665,0001,37320.2%
75 SHORELAND CIR2025-04$520,0001,39223.9%

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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 →