The Fair Share Report

44 Second 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.

Step 1 · Market value

≈ $742,458

Likely range $657,124 – $844,088, 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 $742,458 home should be assessed near $210,338.

Step 3 · Assessed value

$206,100

Set at the last town-wide revaluation and mostly frozen since. That's $4,238 below what the ratio math suggests (2.0%).

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

$12,805/yr
Public schools$7,985
Middlesex County$2,429
Town of Old Bridge$2,391
Old Bridge average$9,590

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

Town median 24.8%
This home · 27.8%

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
22 DUMAS RD2025-11$780,0002,43425.4%
281 CINDY ST2025-08$615,0002,30928.8%
15 CREIGHTON CIR2025-11$800,0002,81024.7%
8 ATHENS AVE2025-12$709,1832,36622.9%
42 NORMAN LN2026-06$805,0002,25224.6%
23 MERCER RD2025-10$590,0002,26026.9%
8 MICHELLE AVE2025-09$600,0002,30031.7%
5 ELAINE CT2026-02$770,0002,22221.7%
19 STEINHARDT AVE2025-04$590,0002,11423.6%
360 CINDY ST2025-06$785,0002,23123.4%
223 CINDY ST2025-10$730,0002,12922.9%
31 CEDAR AVE2026-01$715,0001,91422.4%

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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 →