The Fair Share Report

116 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

≈ $126,894

Likely range $78,470 – $140,134, from 12 comparable Bridgeton sales in the past 18 months (home size estimated from assessor data — range widened).

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 $126,894 home should be assessed near $71,771.

Step 3 · Assessed value

$70,900

Set at the last town-wide revaluation and mostly frozen since. That's $871 below what the ratio math suggests (1.2%).

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

$4,105/yr
Public schools$528
Cumberland County$1,017
Town of Bridgeton$2,559
Bridgeton average$4,184

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

Town median 41.1%
This home · 55.9%

21%96%

Paying about right

This home's ratio lands inside Bridgeton'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
168 EAST AVE2026-01$86,0001,42050.7%
82 N LAUREL ST2025-07$143,5001,55330.3%
154 EAST AVENUE2025-11$125,0001,38030.1%
107 OAK ST2025-04$120,0001,55941.1%
162 BRIDGETON AVE2025-08$85,0001,44257.6%
146 EAST AVE2025-09$67,0001,33269.8%
509 N LAUREL ST2025-12$120,0001,32536.3%
334 ATLANTIC ST2026-06$110,0001,67753.2%
249 N LAUREL STREET2026-03$115,0001,34433.1%
108 CHURCH STREET2025-07$197,0001,58126.8%
74 ELMER STREET2025-08$150,0001,24031.0%
271-271 1/2 N PEARL ST2025-11$180,0001,72636.7%

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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 →