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.
This home's full record →Check another house →
Step 1 · Market value
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
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
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
$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
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 45 INSTITUTE PLACE | 2025-09 | $163,000 | 1,334 | 55.8% |
| 45 INSTITUTE PLACE | 2025-06 | $130,000 | 1,334 | 70.0% |
| 335 SPRUCE STREET | 2025-02 | $245,000 | 1,296 | 25.6% |
| 132 HAMPTON STREET | 2025-04 | $168,000 | 1,192 | 34.3% |
| 95 ELM STREET | 2025-11 | $130,000 | 1,304 | 32.0% |
| 81 MAGNOLIA AVE | 2026-05 | $70,000 | 1,421 | 71.0% |
| 39 CEDAR STREET | 2026-04 | $50,000 | 1,250 | 76.4% |
| 538 SOUTH AVE | 2026-02 | $175,000 | 1,319 | 36.3% |
| 211 SOUTH AVE | 2025-08 | $75,000 | 1,216 | 84.8% |
| 221 N PEARL ST | 2026-06 | $65,000 | 1,218 | 60.0% |
| 314 ATLANTIC ST | 2026-06 | $200,000 | 1,629 | 10.1% |
| 74 ELMER STREET | 2025-08 | $150,000 | 1,240 | 31.0% |
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