The Fair Share Report
47 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 $459,270 – $613,158, 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 $550,789 home should be assessed near $156,039.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $37,339 below what the ratio math suggests (23.9%).
Step 4 · The tax rate — same for every Old Bridge home
$3.800 Schools · 62% $1.156 County · 19% $1.138 Town · 19%
This home's own bill implies $6.002 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Old Bridge sale · assessed ÷ market
14%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 |
|---|---|---|---|---|
| 370 MARLBORO RD | 2026-06 | $552,250 | 1,295 | 23.4% |
| 3052 BORDENTOWN AVE | 2025-01 | $490,000 | 1,338 | 25.6% |
| 16 MARSAD DR | 2026-02 | $520,000 | 1,312 | 25.4% |
| 21 PRINCETON RD | 2025-07 | $585,000 | 1,368 | 22.4% |
| 26 VENUS RD | 2025-08 | $613,000 | 1,278 | 21.8% |
| 82 MADISON AVE | 2026-05 | $582,500 | 1,276 | 22.0% |
| 3010 CHEESEQUAKE RD | 2026-02 | $495,000 | 1,388 | 26.4% |
| 18 MERCURY CIR | 2025-10 | $600,000 | 1,278 | 21.2% |
| 57 ATHENS AVE | 2025-06 | $590,000 | 1,300 | 22.6% |
| 42 SHADY OAK ST | 2025-10 | $465,000 | 1,388 | 26.5% |
| 111 BENTLEY AVE | 2026-03 | $300,000 | 1,332 | 43.5% |
| 147 CINDY ST | 2025-10 | $576,000 | 1,204 | 24.9% |
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