The Fair Share Report
577 E Main St
Bridgewater, NJ 08807
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 $435,560 – $533,238, from 12 comparable Bridgewater 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 Bridgewater assessments sit below market value — republished every October, applied town-wide. A $450,460 home should be assessed near $390,639.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $47,039 below what the ratio math suggests (12.0%).
Step 4 · The tax rate — same for every Bridgewater home
$1.294 Schools · 68% $0.364 County · 19% $0.244 Town · 13%
This home's own bill implies $1.765 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Bridgewater sale · assessed ÷ market
59%105%
Keep quiet and enjoy it
This home's assessment ratio sits below the Bridgewater pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 711 ROUTE 202 | 2026-02 | $425,000 | 1,242 | 84.2% |
| 591 E MAIN ST | 2025-05 | $400,000 | 1,412 | 79.6% |
| 331 SUNNYSIDE TERR | 2025-03 | $505,000 | 1,122 | 65.8% |
| 168 OAK STREET | 2025-04 | $460,000 | 1,365 | 83.2% |
| 56 ADAMSVILLE ROAD | 2026-05 | $525,000 | 1,360 | 71.2% |
| 13 HARRY ROAD | 2026-06 | $608,000 | 1,450 | 66.6% |
| 72A PINE STREET | 2026-05 | $507,000 | 1,388 | 72.3% |
| 72A PINE STREET | 2025-03 | $450,000 | 1,388 | 81.4% |
| 88 LINDEN STREET | 2025-03 | $500,000 | 1,248 | 79.2% |
| 4209 RIDDLE CT. | 2025-01 | $430,000 | 1,260 | 82.0% |
| 319 HANNAH WAY | 2026-05 | $500,000 | 1,252 | 89.9% |
| 350 CYNTHIA LANE | 2025-02 | $610,000 | 1,252 | 81.2% |
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