The Fair Share Report
43 Third St
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 $375,392 – $556,982, 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 $467,078 home should be assessed near $132,323.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $36,223 below what the ratio math suggests (27.4%).
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
12%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 |
|---|---|---|---|---|
| 146 ORCHARD AVE | 2025-12 | $390,000 | 1,080 | 26.6% |
| 451 BROOKSIDE AVE | 2025-07 | $400,000 | 1,046 | 21.1% |
| 496 HARDING RD | 2025-01 | $445,000 | 1,105 | 24.0% |
| 269 PARK AVE | 2025-12 | $535,000 | 1,080 | 21.4% |
| 21 FOURTH ST | 2026-02 | $501,000 | 1,152 | 24.8% |
| 296 HERBERT AVE | 2026-06 | $570,000 | 1,104 | 19.9% |
| 315 HERBERT AVE | 2026-05 | $570,000 | 1,104 | 19.9% |
| 268 AUSTIN AVE | 2026-05 | $370,000 | 1,104 | 29.5% |
| 296 HERBERT AVE | 2025-10 | $345,000 | 1,104 | 32.9% |
| 290 SUNSET AVE | 2025-09 | $560,000 | 1,104 | 21.0% |
| 367 PARK AVE | 2025-06 | $560,000 | 1,104 | 21.4% |
| 258 SUNSET AVE | 2025-05 | $490,000 | 1,104 | 23.1% |
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