The Fair Share Report
55 Second St
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 $528,551 – $632,145, 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 $554,763 home should be assessed near $157,164.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $27,164 below what the ratio math suggests (17.3%).
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 |
|---|---|---|---|---|
| 27 SUNRISE RD | 2025-07 | $620,000 | 1,508 | 20.8% |
| 306 AUSTIN AVE | 2025-12 | $600,000 | 1,590 | 21.2% |
| 152 AUSTIN AVE | 2026-03 | $680,000 | 1,465 | 18.9% |
| 8 CONCORD DR | 2025-09 | $575,000 | 1,466 | 22.5% |
| 46 ATHENS AVE | 2025-08 | $550,000 | 1,520 | 24.4% |
| 45 PIERSOLL RD | 2026-03 | $525,000 | 1,484 | 24.4% |
| 8 FARMBROOK DR | 2025-08 | $549,000 | 1,560 | 21.6% |
| 32 SOUTHWOOD DR | 2025-07 | $610,000 | 1,560 | 23.9% |
| 50 CINDY ST | 2026-05 | $665,000 | 1,529 | 24.0% |
| 12 EUCLID RD | 2025-07 | $665,000 | 1,520 | 21.5% |
| 106 ATHENS AVE | 2026-02 | $420,000 | 1,560 | 33.8% |
| 32 WASHINGTON AVE | 2025-10 | $505,000 | 1,560 | 29.3% |
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