The Fair Share Report

552 Stangle Rd

Bridgewater, NJ 08836

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

≈ $2,677,595

Likely range $2,433,903 – $2,828,724, from 12 comparable Bridgewater sales in the past 18 months, at this home's 7,856 sq ft.

Step 2 · The Director's Ratio

86.72%

The state's official measure of how far Bridgewater assessments sit below market value — republished every October, applied town-wide. A $2,677,595 home should be assessed near $2,322,010.

Step 3 · Assessed value

$2,064,800

Set at the last town-wide revaluation and mostly frozen since. That's $257,210 below what the ratio math suggests (11.1%).

Step 4 · The tax rate — same for every Bridgewater home

$1.901 per $100 assessed

$1.294 Schools · 68% $0.364 County · 19% $0.244 Town · 13%

This home's own bill implies $1.837 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$37,923/yr
Public schools$25,800
Somerset County$7,258
Town of Bridgewater$4,865
Bridgewater average$10,962

This home vs. every recent Bridgewater sale · assessed ÷ market

Town median 84.0%
This home · 77.1%

68%105%

Paying about right

This home's ratio lands inside Bridgewater'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
22 GATESHEAD DR.2025-06$2,075,0006,08877.1%
2 PRESIDENTS DRIVE2026-03$1,725,0005,187101.0%
26 WINSLOW DR.2026-06$1,512,5004,94580.0%
4 FOREST VIEW DRIVE2025-02$1,920,0004,69474.2%
1600 MOUNTAIN TOP ROAD2026-06$1,550,0004,605100.7%
2 WHITNACKS COURT2026-06$1,950,0005,494103.4%
4 WILDE HOLLOW2026-05$1,675,0004,65282.6%
876 SUNSET RIDGE2026-02$1,635,0005,847100.8%
1 WISHNOW WAY2026-04$1,450,0004,29596.6%
5 ADAMS CT.2026-05$1,370,0004,42282.0%
2 DUMONT COURT2026-02$1,220,0004,23297.4%
227 CHURCH ROAD2026-03$1,525,0003,984100.7%

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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 →