The Fair Share Report
596 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $509,672 – $700,827, 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 $530,350 home should be assessed near $459,920.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $160,980 above what the ratio math suggests (35.0%).
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 $1.846 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
68%127%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 7 KATHLEEN PLACE | 2025-02 | $700,000 | 1,699 | 82.7% |
| 10 TIFFIN PLACE | 2025-05 | $585,000 | 1,808 | 91.6% |
| 1436 LONG RD. | 2025-06 | $825,000 | 1,955 | 90.3% |
| 435 UNION AVE | 2026-06 | $355,000 | 1,566 | 111.4% |
| 89 PEARL ST | 2026-02 | $575,000 | 1,781 | 80.1% |
| 1543 MOUNTAIN TOP RD. | 2025-05 | $855,000 | 1,514 | 68.7% |
| 703 PORTER WAY WEST | 2026-02 | $525,000 | 1,637 | 98.1% |
| 55 STELLA DRIVE | 2026-04 | $790,000 | 1,585 | 80.1% |
| 508 READING CIRCLE | 2026-04 | $650,000 | 1,668 | 77.6% |
| 703 BROKAW COURT | 2025-03 | $455,000 | 1,578 | 97.8% |
| 1008 BAYLEY CT. | 2025-05 | $680,000 | 1,704 | 81.5% |
| 167 BRAHMA AVENUE | 2025-06 | $551,000 | 1,383 | 75.2% |
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