The Fair Share Report
43 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $525,670 – $675,008, 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
The state's official measure of how far Old Bridge assessments sit below market value — republished every October, applied town-wide. A $588,475 home should be assessed near $166,715.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $21,215 below what the ratio math suggests (12.7%).
Step 4 · The tax rate — same for every Old Bridge home
$3.800 Schools · 62% $1.156 County · 19% $1.138 Town · 19%
Step 5 · The bill
This home vs. every recent Old Bridge sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1 YORK ST | 2025-06 | $670,000 | 1,636 | 23.3% |
| 21 STONEYBROOK DR | 2025-08 | $615,000 | 1,660 | 20.5% |
| 111 CINDY ST | 2026-06 | $525,000 | 1,666 | 29.5% |
| 22 SYCAMORE DR | 2026-01 | $570,000 | 1,648 | 22.4% |
| 37 CAROLE PL | 2025-07 | $600,000 | 1,666 | 25.0% |
| 92 SOUTHWOOD DR | 2025-08 | $650,000 | 1,644 | 19.6% |
| 109 THROCKMORTON LN | 2026-04 | $645,000 | 1,589 | 22.4% |
| 109 THROCKMORTON LN | 2025-08 | $480,000 | 1,589 | 30.2% |
| 25 VENUS RD | 2026-03 | $510,000 | 1,560 | 26.8% |
| 22 KENNETH AVE | 2025-05 | $704,000 | 1,666 | 23.1% |
| 38 PINETREE RD | 2025-10 | $550,000 | 1,560 | 23.0% |
| 44 SHIRLEY BLVD | 2026-02 | $585,000 | 1,632 | 22.3% |
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