The Fair Share Report

809 Forest 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

≈ $358,827

Likely range $291,155 – $422,555, from 12 comparable Old Bridge sales in the past 18 months, at this home's 850 sq ft.

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 $358,827 home should be assessed near $101,656.

Step 3 · Assessed value

$75,800

Set at the last town-wide revaluation and mostly frozen since. That's $25,856 below what the ratio math suggests (25.4%).

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

$4,774/yr
Public schools$2,977
Middlesex County$906
Town of Old Bridge$891
Old Bridge average$9,590

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

Town median 24.8%
This home · 21.1%

12%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
66 PACIFIC BLVD2026-03$439,00080422.9%
50 PACIFIC BLVD2025-04$222,00084844.7%
172 CLEVELAND AVE2026-03$265,00077832.2%
13 OCEAN BLVD2025-01$385,00091223.6%
295 NORWOOD AVE2025-09$309,00087221.4%
363 OCEAN BLVD2026-01$465,00086420.3%
363 OCEAN BLVD2025-07$360,00086426.2%
246 BROOKSIDE AVE2026-04$295,00072025.1%
184 HILLTOP BLVD2025-09$335,00097826.1%
274 PROSPECT AVE2025-10$400,00090420.5%
737 PROSPECT AVE2026-01$432,00086921.6%
85 PACIFIC BLVD2025-04$287,50088831.4%

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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 →