The Fair Share Report
656 Mitchell Ln
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 $766,408 – $992,706, 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 $822,582 home should be assessed near $713,343.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $260,957 above what the ratio math suggests (36.6%).
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 $1.786 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%133%
A touch high — worth watching
This home's ratio sits above most of Bridgewater, but doesn't clear NJ's legal appeal line (99.73%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1070 HOFFMAN ROAD | 2025-06 | $1,150,000 | 3,031 | 92.3% |
| 185 MILLTOWN ROAD | 2026-03 | $715,000 | 2,412 | 89.2% |
| 45 LOFT DRIVE | 2026-04 | $802,000 | 2,662 | 85.7% |
| 14 HASTINGS COURT | 2025-03 | $1,071,000 | 2,969 | 81.7% |
| 644 STRAWBRIDGE STREET | 2025-04 | $950,000 | 2,764 | 81.2% |
| 114 HAGERMAN CT. | 2026-04 | $675,000 | 2,809 | 94.8% |
| 41 STRYKER CT. | 2025-04 | $610,000 | 2,809 | 104.1% |
| 761 OLD FARM ROAD | 2025-03 | $880,000 | 2,866 | 79.5% |
| 11 ASH STREET | 2026-02 | $877,500 | 2,354 | 78.5% |
| 265 RIVERVIEW DRIVE | 2026-01 | $869,000 | 2,748 | 87.9% |
| 1871 WOODLAND TERR | 2025-06 | $910,000 | 3,246 | 90.0% |
| 4 LOFT DRIVE | 2026-03 | $739,000 | 2,454 | 100.3% |
Is this your house?
Run your own report →