The Fair Share Report

40 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

≈ $548,466

Likely range $487,729 – $604,125, from 12 comparable Old Bridge sales in the past 18 months, at this home's 1,430 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 $548,466 home should be assessed near $155,380.

Step 3 · Assessed value

$132,900

Set at the last town-wide revaluation and mostly frozen since. That's $22,480 below what the ratio math suggests (14.5%).

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

$8,370/yr
Public schools$5,219
Middlesex County$1,588
Town of Old Bridge$1,563
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
70 WOODSHORE WEST2025-09$599,9001,42021.4%
56 WASHINGTON AVE2026-04$575,0001,40823.0%
7 CORNELL RD2025-07$530,0001,44424.4%
71 STEVENS AVE2025-04$665,0001,37320.2%
22 WOODCREST DR2025-08$485,0001,43424.6%
27 HOLLY ST2025-10$555,0001,37324.6%
104 SOUTHWOOD DR2026-04$391,0001,40831.5%
58 PIEDMONT DR2025-03$598,0001,38023.6%
13 BEVERLY RD2025-10$625,0001,43419.5%
15 ANDOVER RD2025-09$550,0001,43421.6%
107 BLVD WEST2026-04$485,0001,42224.7%
52 GAUB RD2026-03$475,0001,52930.8%

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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 →