The Fair Share Report

7 Pine Ave

Old Bridge, NJ 08879

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.

Step 1 · Market value

≈ $1,060,355

Likely range $956,882 – $1,078,746, 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

28.33%

The state's official measure of how far Old Bridge assessments sit below market value — republished every October, applied town-wide. A $1,060,355 home should be assessed near $300,399.

Step 3 · Assessed value

$263,000

Set at the last town-wide revaluation and mostly frozen since. That's $37,399 below what the ratio math suggests (12.4%).

Step 4 · The tax rate — same for every Old Bridge home

$6.094 per $100 assessed

$3.800 Schools · 62% $1.156 County · 19% $1.138 Town · 19%

Step 5 · The bill

$16,387/yr
Public schools$10,219
Middlesex County$3,109
Town of Old Bridge$3,060
Old Bridge average$9,590

This home vs. every recent Old Bridge sale · assessed ÷ market

Town median 24.8%
This home · 24.8%

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)

AddressSoldPriceSq ftRatio
31 MC GOWAN CT2025-08$700,0002,95525.8%
6 MARKHAM CIR2025-10$995,0002,84728.0%
26 CANNON RD2025-12$1,120,00023.8%
7 OVERHILL DR2025-08$1,195,0003,36925.5%
106 JORDYN CT2025-02$1,200,0002,72022.5%
16 MAPLETON RD2026-04$970,0002,78729.4%
11 MARKHAM CIR2025-06$995,0002,78727.2%
19 HELENE ST2026-01$915,0002,85728.3%
19 HELENE ST2025-10$900,0002,85728.7%
22 ELEANOR ST2025-04$875,0002,85730.7%
22 REDDINGTON DR2025-01$1,155,0003,25622.9%
53 KIRSCHMAN DR2025-08$1,150,0003,25625.1%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →