The Fair Share Report
620 Second 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 $473,584 – $506,054, 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 $485,301 home should be assessed near $420,853.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $18,147 above what the ratio math suggests (4.3%).
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 $1.703 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%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1103 DOOLITTLE DRIVE | 2026-05 | $490,000 | 1,564 | 90.1% |
| 602 BROKAW COURT | 2025-06 | $480,000 | 1,564 | 91.8% |
| 504 READING CIRCLE | 2026-05 | $580,000 | 1,534 | 78.3% |
| 703 BROKAW COURT | 2025-03 | $455,000 | 1,578 | 97.8% |
| 2103 VROOM DR. | 2026-04 | $630,000 | 1,560 | 88.0% |
| 212 PORTER WAY EAST | 2025-03 | $446,000 | 1,518 | 85.2% |
| 1405 STECH DR. | 2025-02 | $505,000 | 1,560 | 99.2% |
| 3206 FRENCH DR. | 2026-01 | $483,000 | 1,532 | 93.4% |
| 4101 DILTS LN. | 2026-01 | $490,000 | 1,532 | 92.1% |
| 3606 RIDDLE CT. | 2025-04 | $478,000 | 1,532 | 91.8% |
| 3208 PINHORN DRIVE | 2026-04 | $450,000 | 1,466 | 96.1% |
| 901 DOOLITTLE DRIVE | 2025-03 | $475,900 | 1,466 | 93.2% |
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