The Fair Share Report

5 Leaf Ln

Old Bridge, NJ 07747

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

≈ $776,753

Likely range $735,517 – $865,766, 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 $776,753 home should be assessed near $220,054.

Step 3 · Assessed value

$202,900

Set at the last town-wide revaluation and mostly frozen since. That's $17,154 below what the ratio math suggests (7.8%).

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

$12,835/yr
Public schools$8,004
Middlesex County$2,435
Town of Old Bridge$2,397
Old Bridge average$9,590

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

Town median 24.8%
This home · 26.1%

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
12 VILLAGE DR2026-04$775,0002,21026.6%
49 NOTTINGHAM DR2025-06$620,0002,08924.4%
6 FIRETHORN RD2025-09$800,0002,39129.5%
2 VERONICA CT2025-10$800,0002,23627.4%
19 ELLEN CIR2025-09$876,0002,42228.2%
5 KINGSLEY RD2025-04$700,0002,25228.5%
16 CLEARBROOK CT2025-12$885,0002,17622.0%
12 SUTTON CT2025-07$750,0002,07724.8%
2 MONMOUTH CT2025-11$819,0002,12525.0%
2 GRENOBLE CT2026-05$750,0002,41328.1%
2 DAN CT2025-08$760,0002,21027.2%
45 LAKERIDGE DR2025-12$785,0002,28722.6%

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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 →