The Fair Share Report
7 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 $751,917 – $894,860, 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 $841,199 home should be assessed near $238,312.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $11,912 below what the ratio math suggests (5.0%).
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 |
|---|---|---|---|---|
| 19 ELLEN CIR | 2025-09 | $876,000 | 2,422 | 28.2% |
| 2 GRENOBLE CT | 2026-05 | $750,000 | 2,413 | 28.1% |
| 6 FIRETHORN RD | 2025-09 | $800,000 | 2,391 | 29.5% |
| 10 JAKE BROWN RD | 2025-11 | $872,000 | 2,548 | 25.3% |
| 5 KINGSLEY RD | 2025-04 | $700,000 | 2,252 | 28.5% |
| 34 BROOKSIDE AVE | 2026-06 | $850,000 | 2,796 | 31.3% |
| 12 VILLAGE DR | 2026-04 | $775,000 | 2,210 | 26.6% |
| 45 LAKERIDGE DR | 2025-12 | $785,000 | 2,287 | 22.6% |
| 2 VERONICA CT | 2025-10 | $800,000 | 2,236 | 27.4% |
| 1 KERRY CT | 2026-02 | $999,999 | 2,931 | 25.8% |
| 463 COTTRELL RD | 2026-06 | $808,000 | 2,747 | 28.3% |
| 24 APPLETREE DR | 2025-01 | $725,000 | 2,309 | 28.5% |
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