The Fair Share Report

41 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

≈ $563,045

Likely range $503,823 – $668,312, 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 $563,045 home should be assessed near $159,511.

Step 3 · Assessed value

$142,600

Set at the last town-wide revaluation and mostly frozen since. That's $16,911 below what the ratio math suggests (10.6%).

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

$8,860/yr
Public schools$5,525
Middlesex County$1,681
Town of Old Bridge$1,654
Old Bridge average$9,590

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

Town median 24.8%
This home · 25.3%

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
109 THROCKMORTON LN2026-04$645,0001,58922.4%
109 THROCKMORTON LN2025-08$480,0001,58930.2%
25 VENUS RD2026-03$510,0001,56026.8%
1 YORK ST2025-06$670,0001,63623.3%
38 PINETREE RD2025-10$550,0001,56023.0%
21 STONEYBROOK DR2025-08$615,0001,66020.5%
55 SOUTHWOOD DR2025-02$500,0001,56024.3%
111 CINDY ST2026-06$525,0001,66629.5%
62 GRACE DR2025-09$650,0001,54422.3%
8 FARMBROOK DR2025-08$549,0001,56021.6%
32 SOUTHWOOD DR2025-07$610,0001,56023.9%
11 JERSEY AVE2026-06$675,0001,52923.0%

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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 →