The Fair Share Report
6 Leaf Ln
Old Bridge, NJ 07747
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 $702,420 – $810,924, 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 $744,140 home should be assessed near $210,815.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $13,115 below what the ratio math suggests (6.2%).
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
16%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 |
|---|---|---|---|---|
| 15 ERIN LN | 2026-04 | $720,000 | 2,096 | 23.9% |
| 49 NOTTINGHAM DR | 2025-06 | $620,000 | 2,089 | 24.4% |
| 17 WILLOW DR | 2026-06 | $870,000 | 2,203 | 24.2% |
| 18 WARNE RD | 2026-05 | $726,100 | 2,176 | 30.7% |
| 25 MERRITT TERR | 2025-07 | $865,000 | 2,176 | 25.4% |
| 24 HIGGINS RD | 2026-05 | $770,000 | 2,165 | 23.2% |
| 24 HIGGINS RD | 2025-08 | $730,000 | 2,165 | 24.5% |
| 12 SUTTON CT | 2025-07 | $750,000 | 2,077 | 24.8% |
| 1220-1222 ENGLISHTOWN RD | 2025-01 | $695,000 | 2,200 | 24.9% |
| 11 MERRITT TERR | 2025-10 | $820,000 | 2,170 | 26.5% |
| 20 KENWOOD LN | 2025-10 | $710,000 | 2,198 | 24.0% |
| 12 VILLAGE DR | 2026-04 | $775,000 | 2,210 | 26.6% |
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