The Fair Share Report

38 Pine Ave

Old Bridge, NJ 08879

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

≈ $562,855

Likely range $499,971 – $630,481, 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 $562,855 home should be assessed near $159,457.

Step 3 · Assessed value

$136,100

Set at the last town-wide revaluation and mostly frozen since. That's $23,357 below what the ratio math suggests (14.6%).

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

$8,610/yr
Public schools$5,369
Middlesex County$1,633
Town of Old Bridge$1,608
Old Bridge average$9,590

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

Town median 24.8%
This home · 24.2%

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
107 BLVD WEST2026-04$485,0001,42224.7%
10 WOODLAWN CIR2026-01$490,0001,37725.1%
50 CREIGHTON CIR2026-04$560,0001,50927.3%
4 DORSET RD2025-05$515,0001,40823.8%
23 PINE AVE2025-11$615,0001,32021.8%
108 SOUTHWOOD DR2025-10$570,0001,40822.5%
3 HANSEN RD2025-07$610,0001,53625.6%
1 JACOB ST2025-02$600,0001,38024.0%
6 DARWIN RD2025-05$585,0001,33223.3%
65 CREIGHTON CIR2025-10$550,0001,58628.4%
40 BLVD EAST2025-03$550,0001,43024.2%
43 THROCKMORTON LN2025-05$650,0001,38024.6%

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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 →