The Fair Share Report
51 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 $507,482 – $606,392, from 12 comparable Old Bridge sales in the past 18 months, at this home's 1,423 sq ft.
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 $545,781 home should be assessed near $154,620.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $21,220 below what the ratio math suggests (13.7%).
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 |
|---|---|---|---|---|
| 3010 CHEESEQUAKE RD | 2026-02 | $495,000 | 1,388 | 26.4% |
| 7 CORNELL RD | 2025-07 | $530,000 | 1,444 | 24.4% |
| 56 WASHINGTON AVE | 2026-04 | $575,000 | 1,408 | 23.0% |
| 21 PRINCETON RD | 2025-07 | $585,000 | 1,368 | 22.4% |
| 42 SHADY OAK ST | 2025-10 | $465,000 | 1,388 | 26.5% |
| 22 WOODCREST DR | 2025-08 | $485,000 | 1,434 | 24.6% |
| 104 SOUTHWOOD DR | 2026-04 | $391,000 | 1,408 | 31.5% |
| 13 BEVERLY RD | 2025-10 | $625,000 | 1,434 | 19.5% |
| 15 ANDOVER RD | 2025-09 | $550,000 | 1,434 | 21.6% |
| 3052 BORDENTOWN AVE | 2025-01 | $490,000 | 1,338 | 25.6% |
| 36 FARMBROOK DR | 2026-02 | $600,000 | 1,408 | 19.7% |
| 23 ORCHARD DR | 2026-05 | $565,000 | 1,440 | 21.5% |
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