The Fair Share Report

111 E Ave

Bridgeton, NJ 08302

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

≈ $145,885

Likely range $115,228 – $183,794, from 12 comparable Bridgeton sales in the past 18 months, at this home's 1,497 sq ft.

Step 2 · The Director's Ratio

56.56%

The state's official measure of how far Bridgeton assessments sit below market value — republished every October, applied town-wide. A $145,885 home should be assessed near $82,513.

Step 3 · Assessed value

$101,700

Set at the last town-wide revaluation and mostly frozen since. That's $19,187 above what the ratio math suggests (23.3%).

Step 4 · The tax rate — same for every Bridgeton home

$5.787 per $100 assessed

$0.745 Schools · 13% $1.434 County · 25% $3.608 Town · 62%

Step 5 · The bill

$5,888/yr
Public schools$758
Cumberland County$1,459
Town of Bridgeton$3,671
Bridgeton average$4,184

This home vs. every recent Bridgeton sale · assessed ÷ market

Town median 41.1%
This home · 69.7%

21%94%

A touch high — worth watching

This home's ratio sits above most of Bridgeton, but doesn't clear NJ's legal appeal line (65.04%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
314 ATLANTIC ST2026-06$200,0001,62910.1%
45 INSTITUTE PLACE2025-09$163,0001,33455.8%
45 INSTITUTE PLACE2025-06$130,0001,33470.0%
211 W COMMERCE ST2025-03$199,0001,75039.5%
108 CHURCH STREET2025-07$197,0001,58126.8%
81 MAGNOLIA AVE2026-05$70,0001,42171.0%
335 SPRUCE STREET2025-02$245,0001,29625.6%
162 BRIDGETON AVE2025-08$85,0001,44257.6%
252 FAYETTE STREET2026-04$175,0001,77238.3%
107 OAK ST2025-04$120,0001,55941.1%
132 HAMPTON STREET2025-04$168,0001,19234.3%
137-139 N LAUREL ST2026-06$180,0001,96033.3%

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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 →