The Fair Share Report

4 Stapleton Ct

Bridgewater, NJ 08807

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

≈ $913,296

Likely range $783,292 – $972,032, from 12 comparable Bridgewater sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

86.72%

The state's official measure of how far Bridgewater assessments sit below market value — republished every October, applied town-wide. A $913,296 home should be assessed near $792,010.

Step 3 · Assessed value

$751,900

Set at the last town-wide revaluation and mostly frozen since. That's $40,110 below what the ratio math suggests (5.1%).

Step 4 · The tax rate — same for every Bridgewater home

$1.901 per $100 assessed

$1.294 Schools · 68% $0.364 County · 19% $0.244 Town · 13%

This home's own bill implies $1.822 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$13,698/yr
Public schools$9,319
Somerset County$2,621
Town of Bridgewater$1,757
Bridgewater average$10,962

This home vs. every recent Bridgewater sale · assessed ÷ market

Town median 84.0%
This home · 82.3%

68%105%

Paying about right

This home's ratio lands inside Bridgewater'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
43 WHITEHEAD ROAD2026-04$800,0002,35178.7%
8 SCHAAL STREET2026-05$980,0002,37679.8%
11 SCHAAL STREET2025-05$920,0002,38282.1%
10 JENNA DRIVE2025-01$888,0002,32989.3%
17 CRAFT FARM DRIVE2026-04$955,0002,28879.2%
12 LEWIS DRIVE2026-06$945,0002,31780.3%
18 LOFT DRIVE2026-06$775,0002,31084.3%
11 ELMARA DRIVE2026-04$954,5002,40681.5%
9 WENDOVER PLACE2025-05$918,0002,25082.8%
22 KERSHAW COURT2026-05$990,0002,47082.7%
37 SHAFFER ROAD2026-05$967,0002,46481.4%
36 MURPHY DRIVE2026-05$875,0002,26282.0%

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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 →