The Fair Share Report

49 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.

Step 1 · Market value

≈ $511,699

Likely range $479,829 – $530,707, from 12 comparable Old Bridge sales in the past 18 months, at this home's 1,085 sq ft.

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 $511,699 home should be assessed near $144,964.

Step 3 · Assessed value

$119,900

Set at the last town-wide revaluation and mostly frozen since. That's $25,064 below what the ratio math suggests (17.3%).

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

$7,449/yr
Public schools$4,645
Middlesex County$1,413
Town of Old Bridge$1,391
Old Bridge average$9,590

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

Town median 24.8%
This home · 23.4%

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
326 MARLBORO RD2026-01$475,0001,08524.4%
18 ANDOVER RD2026-03$515,0001,08522.7%
19 HUXLEY DR2025-11$550,0001,08521.1%
3080 BORDENTOWN AVE2025-11$485,0001,10823.9%
3060 BORDENTOWN AVE2025-07$530,0001,10827.1%
12 RUTGERS RD2025-06$520,0001,10823.3%
8 BEVERLY RD2024-12$540,0001,08522.7%
46 PURDUE RD2025-06$499,0001,10824.6%
36 GEORGE AVE2025-07$515,0001,09223.2%
61 PRINCETON RD2026-04$500,0001,10824.3%
11 RUTGERS RD2025-05$560,0181,10822.0%
21 DIANE AVE2025-01$540,0001,10422.6%

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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 →