The Fair Share Report
656 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 $428,239 – $664,300, 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 $555,146 home should be assessed near $481,423.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $108,123 below what the ratio math suggests (22.5%).
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 $1.772 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
51%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 |
|---|---|---|---|---|
| 136 PEARL STREET | 2025-04 | $612,000 | 1,433 | 77.3% |
| 700 VOSSELLER AVENUE | 2025-06 | $485,000 | 1,672 | 89.9% |
| 346 VANDERVEER ROAD | 2025-03 | $635,000 | 1,454 | 78.3% |
| 788 MOUNTAINVIEW AVE | 2026-05 | $555,000 | 1,580 | 80.3% |
| 552 FOOTHILL ROAD | 2026-04 | $675,000 | 1,582 | 69.6% |
| 13 HARRY ROAD | 2026-06 | $608,000 | 1,450 | 66.6% |
| 56 ADAMSVILLE ROAD | 2026-05 | $525,000 | 1,360 | 71.2% |
| 168 OAK STREET | 2025-04 | $460,000 | 1,365 | 83.2% |
| 295 ENGLISH CT. | 2026-03 | $655,000 | 1,791 | 76.8% |
| 103 KAREN PLACE | 2026-04 | $645,000 | 1,618 | 80.8% |
| 727 ROUTE 202 | 2026-03 | $380,000 | 1,344 | 85.8% |
| 9 ENGLISH CT | 2026-01 | $640,000 | 1,780 | 78.9% |
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