The Fair Share Report

40 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

≈ $559,091

Likely range $516,501 – $589,131, 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 $559,091 home should be assessed near $158,390.

Step 3 · Assessed value

$119,500

Set at the last town-wide revaluation and mostly frozen since. That's $38,890 below what the ratio math suggests (24.6%).

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

$7,425/yr
Public schools$4,630
Middlesex County$1,408
Town of Old Bridge$1,386
Old Bridge average$9,590

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

Town median 24.8%
This home · 21.4%

15%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
2 EMERSON LN2025-04$555,0001,35221.2%
370 MARLBORO RD2026-06$552,2501,29523.4%
26 VENUS RD2025-08$613,0001,27821.8%
30 HILLIARD RD2025-07$602,0001,35021.1%
57 ATHENS AVE2025-06$590,0001,30022.6%
4 DARTMOUTH RD2026-04$250,0001,36851.1%
16 MARSAD DR2026-02$520,0001,31225.4%
18 MERCURY CIR2025-10$600,0001,27821.2%
24 MABALINE RD2025-01$539,0001,35425.8%
36 FARMBROOK DR2026-02$600,0001,40819.7%
6 STONEYBROOK DR2025-06$590,0001,40821.0%
100 BENTLEY AVE2025-11$565,0001,33423.3%

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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 →