The Fair Share Report
75 Pine 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 $317,910 – $524,829, 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 $464,007 home should be assessed near $402,387.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $78,887 below what the ratio math suggests (19.6%).
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 $1.736 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
56%107%
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 |
|---|---|---|---|---|
| 168 OAK STREET | 2025-04 | $460,000 | 1,365 | 83.2% |
| 41 SOMERSET AVENUE | 2025-05 | $550,000 | 1,127 | 75.8% |
| 331 SUNNYSIDE TERR | 2025-03 | $505,000 | 1,122 | 65.8% |
| 88 LINDEN STREET | 2025-03 | $500,000 | 1,248 | 79.2% |
| 711 ROUTE 202 | 2026-02 | $425,000 | 1,242 | 84.2% |
| 554 E. MAIN STREET | 2026-02 | $407,000 | 1,044 | 83.9% |
| 56 ADAMSVILLE ROAD | 2026-05 | $525,000 | 1,360 | 71.2% |
| 11 DARTMOUTH AVE. | 2025-04 | $285,000 | 1,125 | 84.5% |
| 10 STANFORD DR. | 2025-04 | $230,000 | 1,125 | 104.7% |
| 8 STANFORD DR. | 2025-03 | $285,000 | 1,125 | 85.2% |
| 591 E MAIN ST | 2025-05 | $400,000 | 1,412 | 79.6% |
| 207 OLD YORK ROAD | 2025-04 | $530,000 | 1,236 | 69.1% |
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