The Fair Share Report
9 Ely 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $499,092 – $576,554, 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 $530,650 home should be assessed near $150,333.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $21,333 below what the ratio math suggests (14.2%).
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 |
|---|---|---|---|---|
| 6 LINBROOK DR | 2025-04 | $565,000 | 1,563 | 25.2% |
| 24 ASHLEY DR | 2026-01 | $540,000 | 1,570 | 26.2% |
| 40 FOREST GARDENS DR | 2025-06 | $530,000 | 1,720 | 25.8% |
| 25 CATHERINE CT | 2025-10 | $577,450 | 1,700 | 27.1% |
| 439 OCEAN BLVD | 2026-03 | $580,000 | 1,522 | 23.6% |
| 10 COVENTRY CT | 2026-02 | $520,000 | 1,605 | 20.7% |
| 9 FOREST GARDENS DR | 2025-09 | $463,920 | 1,720 | 28.4% |
| 30 FOREST GARDENS DR | 2025-08 | $532,500 | 1,720 | 25.4% |
| 8 FOREST GARDENS DR | 2025-04 | $552,750 | 1,720 | 24.5% |
| 15 AMBER DR | 2025-07 | $521,500 | 1,608 | 32.2% |
| 3205 FALSTON CIR | 2026-03 | $507,500 | 1,599 | 27.0% |
| 2206 FALSTON CIR | 2025-11 | $535,000 | 1,599 | 25.6% |
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