The Fair Share Report
5 Pine Ave
Old Bridge, NJ 08879
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 $535,249 – $625,386, 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 $580,574 home should be assessed near $164,477.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $2,023 above what the ratio math suggests (1.2%).
Step 4 · The tax rate — same for every Old Bridge home
$3.800 Schools · 62% $1.156 County · 19% $1.138 Town · 19%
Step 5 · The bill
This home vs. every recent Old Bridge sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 121 COMMUNITY CIR | 2025-04 | $600,000 | 1,915 | 27.2% |
| 6 JUDY CT | 2025-10 | $402,500 | 1,891 | 41.3% |
| 55 NOTTINGHAM DR | 2025-08 | $550,000 | 1,776 | 25.2% |
| 153 DAWN CT | 2025-05 | $630,000 | 1,888 | 25.1% |
| 42 CHERRY CREEK DR | 2025-08 | $785,000 | 1,706 | 24.0% |
| 8 CARLISLE CT | 2025-08 | $630,000 | 1,885 | 28.1% |
| 3 MICHELLE AVE | 2025-09 | $529,000 | 1,925 | 32.6% |
| 4 JANIS CT | 2026-02 | $600,000 | 1,925 | 29.6% |
| 9 PICARON PL | 2025-12 | $575,000 | 1,968 | 28.7% |
| 183 HIDDEN CT | 2025-11 | $540,000 | 1,647 | 25.2% |
| 145 WILCOX CT | 2025-06 | $457,000 | 1,663 | 26.6% |
| 8 AMARA CT | 2026-03 | $630,000 | 1,756 | 24.8% |
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