The Fair Share Report
83 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 $696,741 – $831,357, 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 $738,631 home should be assessed near $640,541.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $23,041 below what the ratio math suggests (3.6%).
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 $1.823 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%105%
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 |
|---|---|---|---|---|
| 185 MILLTOWN ROAD | 2026-03 | $715,000 | 2,412 | 89.2% |
| 5 COVENTRY SQUARE | 2025-06 | $920,000 | 2,358 | 77.2% |
| 20 HAYWARD ST | 2026-05 | $775,000 | 2,344 | 70.6% |
| 38 HAYWARD ST. | 2025-04 | $700,000 | 2,344 | 79.9% |
| 81 PINE STREET | 2026-05 | $710,000 | 2,236 | 68.5% |
| 8 CREST DRIVE | 2026-03 | $450,000 | 1,968 | 112.4% |
| 9 ENGLISH CT | 2026-01 | $640,000 | 1,780 | 78.9% |
| 309 JAMESTOWN RD | 2026-04 | $675,000 | 2,088 | 82.0% |
| 177 MAPLE STREET | 2026-03 | $910,000 | 2,444 | 95.7% |
| 36 FRANCIS DRIVE | 2025-04 | $880,000 | 2,255 | 84.0% |
| 295 ENGLISH CT. | 2026-03 | $655,000 | 1,791 | 76.8% |
| 234 JACKSON ST | 2026-06 | $891,000 | 2,480 | 90.0% |
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