The Fair Share Report

9 Farmbrook Dr

Old Bridge, NJ 08857

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

≈ $588,679

Likely range $510,000 – $641,379, from 12 comparable Old Bridge sales in the past 18 months, at this home's 1,560 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 $588,679 home should be assessed near $166,773.

Step 3 · Assessed value

$119,900

Set at the last town-wide revaluation and mostly frozen since. That's $46,873 below what the ratio math suggests (28.1%).

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

$7,449/yr
Public schools$4,645
Middlesex County$1,413
Town of Old Bridge$1,391
Old Bridge average$9,590

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

Town median 24.8%
This home · 20.4%

13%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
306 AUSTIN AVE2025-12$600,0001,59021.2%
8 FARMBROOK DR2025-08$549,0001,56021.6%
32 SOUTHWOOD DR2025-07$610,0001,56023.9%
27 SUNRISE RD2025-07$620,0001,50820.8%
106 ATHENS AVE2026-02$420,0001,56033.8%
32 WASHINGTON AVE2025-10$505,0001,56029.3%
55 SOUTHWOOD DR2025-02$500,0001,56024.3%
24 MERCURY CIR2025-12$530,0001,56027.3%
16 MERCURY CIR2025-07$680,0001,56021.6%
46 ATHENS AVE2025-08$550,0001,52024.4%
8 CONCORD DR2025-09$575,0001,46622.5%
25 VENUS RD2026-03$510,0001,56026.8%

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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 →