The Fair Share Report

38 Blvd E

Old Bridge, NJ 07735

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

≈ $545,652

Likely range $431,034 – $590,849, 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 $545,652 home should be assessed near $154,583.

Step 3 · Assessed value

$113,400

Set at the last town-wide revaluation and mostly frozen since. That's $41,183 below what the ratio math suggests (26.6%).

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

$7,142/yr
Public schools$4,453
Middlesex County$1,355
Town of Old Bridge$1,334
Old Bridge average$9,590

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

Town median 24.8%
This home · 20.8%

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
4 ARVIN RD2026-05$425,0001,25432.7%
23 PINE AVE2025-11$615,0001,32021.8%
12 GROVE LN2025-12$535,0001,24821.8%
6 DARWIN RD2025-05$585,0001,33223.3%
10 WOODLAWN CIR2026-01$490,0001,37725.1%
138 SOUTHWOOD DR2025-09$560,0001,18422.2%
111 BENTLEY AVE2026-03$300,0001,33243.5%
82 MADISON AVE2026-05$582,5001,27622.0%
159 WASHINGTON AVE2026-05$555,0001,30024.3%
147 CINDY ST2025-10$576,0001,20424.9%
61 ATHENS AVE2025-12$531,0001,27826.6%
23 MAPLE AVE2026-01$595,0001,25523.3%

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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 →