The Fair Share Report
116 Spring St
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $231,216 – $367,669, from 12 comparable Bridgeton 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 Bridgeton assessments sit below market value — republished every October, applied town-wide. A $265,892 home should be assessed near $150,389.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $74,189 below what the ratio math suggests (49.3%).
Step 4 · The tax rate — same for every Bridgeton home
$0.745 Schools · 13% $1.434 County · 25% $3.608 Town · 62%
Step 5 · The bill
This home vs. every recent Bridgeton sale · assessed ÷ market
15%75%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 100 RUTGERS AVE | 2025-05 | $260,000 | 1,468 | 47.3% |
| 47 WESTWOOD AVENUE | 2026-02 | $240,000 | 1,432 | 45.4% |
| 58 DUBOIS AVENUE | 2026-02 | $325,000 | 1,248 | 27.1% |
| 117 BALTIMORE AVE | 2025-02 | $175,000 | 1,384 | 34.7% |
| 565 N BURLINGTON RD | 2025-08 | $315,000 | 1,232 | 43.7% |
| 654 BUCKSHUTEM RD | 2025-11 | $225,000 | 1,216 | 43.8% |
| 19 SMITH AVE | 2025-06 | $390,000 | 1,630 | 34.4% |
| 73 OXFORD STREET | 2025-05 | $330,000 | 1,620 | 35.5% |
| 15 BECK DR | 2026-04 | $275,000 | 1,177 | 42.1% |
| 28 VICTORY ROAD | 2025-08 | $255,000 | 1,566 | 47.4% |
| 107 CEDARBROOK AVE | 2026-01 | $255,000 | 1,176 | 41.8% |
| 212 W LINCOLN STREET | 2025-06 | $250,000 | 1,501 | 49.0% |
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