The Fair Share Report
53 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 $477,321 – $602,534, 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 $555,021 home should be assessed near $157,237.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $33,037 below what the ratio math suggests (21.0%).
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
15%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 |
|---|---|---|---|---|
| 4 DORSET RD | 2025-05 | $515,000 | 1,408 | 23.8% |
| 108 SOUTHWOOD DR | 2025-10 | $570,000 | 1,408 | 22.5% |
| 10 WOODLAWN CIR | 2026-01 | $490,000 | 1,377 | 25.1% |
| 31 VILLANOVA RD | 2025-04 | $570,000 | 1,368 | 22.3% |
| 1 JACOB ST | 2025-02 | $600,000 | 1,380 | 24.0% |
| 21 PRINCETON RD | 2025-07 | $585,000 | 1,368 | 22.4% |
| 6 DARWIN RD | 2025-05 | $585,000 | 1,332 | 23.3% |
| 43 THROCKMORTON LN | 2025-05 | $650,000 | 1,380 | 24.6% |
| 3010 CHEESEQUAKE RD | 2026-02 | $495,000 | 1,388 | 26.4% |
| 23 PINE AVE | 2025-11 | $615,000 | 1,320 | 21.8% |
| 3052 BORDENTOWN AVE | 2025-01 | $490,000 | 1,338 | 25.6% |
| 107 BLVD WEST | 2026-04 | $485,000 | 1,422 | 24.7% |
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