The Fair Share Report

16 Sharp Ave

Bridgeton, NJ 08332

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

≈ $127,408

Likely range $59,398 – $165,932, 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 $127,408 home should be assessed near $72,062.

Step 3 · Assessed value

$53,400

Set at the last town-wide revaluation and mostly frozen since. That's $18,662 below what the ratio math suggests (25.9%).

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

$3,092/yr
Public schools$398
Cumberland County$766
Town of Bridgeton$1,928
Bridgeton average$4,184

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

Town median 41.1%
This home · 41.9%

21%95%

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
45 INSTITUTE PLACE2025-09$163,0001,33455.8%
45 INSTITUTE PLACE2025-06$130,0001,33470.0%
335 SPRUCE STREET2025-02$245,0001,29625.6%
132 HAMPTON STREET2025-04$168,0001,19234.3%
95 ELM STREET2025-11$130,0001,30432.0%
81 MAGNOLIA AVE2026-05$70,0001,42171.0%
39 CEDAR STREET2026-04$50,0001,25076.4%
538 SOUTH AVE2026-02$175,0001,31936.3%
211 SOUTH AVE2025-08$75,0001,21684.8%
221 N PEARL ST2026-06$65,0001,21860.0%
314 ATLANTIC ST2026-06$200,0001,62910.1%
74 ELMER STREET2025-08$150,0001,24031.0%

Is this your house?

Run your own report →

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 →