The Fair Share Report
48 E Main St
High Bridge, NJ 08829
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 $337,469 – $439,831, from 12 comparable High 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 High Bridge assessments sit below market value — republished every October, applied town-wide. A $380,001 home should be assessed near $351,767.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $7,333 above what the ratio math suggests (2.1%).
Step 4 · The tax rate — same for every High Bridge home
$2.160 Schools · 65% $0.387 County · 12% $0.777 Town · 23%
This home's own bill implies $3.024 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent High Bridge sale · assessed ÷ market
76%114%
Paying about right
This home's ratio lands inside High 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 |
|---|---|---|---|---|
| 39 MILL ST | 2025-01 | $440,000 | 1,496 | 93.0% |
| 28 WEST MAIN ST | 2025-02 | $409,000 | 1,428 | 85.5% |
| 11 CENTER ST | 2025-04 | $410,000 | 2,120 | 90.1% |
| 9 WOODLAND TERRACE | 2026-05 | $376,000 | 1,424 | 111.4% |
| 29 CHURCH ST | 2025-03 | $375,000 | 1,440 | 88.9% |
| 21 EAST MAIN ST | 2026-03 | $446,000 | 1,757 | 80.6% |
| 42 TAYLOR ST | 2025-01 | $330,000 | 1,024 | 103.7% |
| 14 MARYLAND AVE | 2026-05 | $440,000 | 1,434 | 104.6% |
| 12 DENNIS AVENUE | 2026-05 | $276,000 | 1,104 | 90.4% |
| 2 BERRYWOOD LANE | 2026-02 | $490,000 | 2,140 | 98.9% |
| 44 BEAVERS STREET | 2026-02 | $500,000 | 2,000 | 92.2% |
| 34 NORTHWOOD | 2025-02 | $207,000 | 1,196 | 109.0% |
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