The Fair Share Report

199 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

≈ $158,163

Likely range $120,899 – $210,598, 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 $158,163 home should be assessed near $89,457.

Step 3 · Assessed value

$86,900

Set at the last town-wide revaluation and mostly frozen since. That's $2,557 below what the ratio math suggests (2.9%).

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

$5,032/yr
Public schools$648
Cumberland County$1,247
Town of Bridgeton$3,137
Bridgeton average$4,184

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

Town median 41.1%
This home · 54.9%

21%77%

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
314 ATLANTIC ST2026-06$200,0001,62910.1%
252 FAYETTE STREET2026-04$175,0001,77238.3%
211 W COMMERCE ST2025-03$199,0001,75039.5%
137-139 N LAUREL ST2026-06$180,0001,96033.3%
82 EAST AVENUE2025-04$170,0001,92847.1%
45 INSTITUTE PLACE2025-09$163,0001,33455.8%
45 INSTITUTE PLACE2025-06$130,0001,33470.0%
108 CHURCH STREET2025-07$197,0001,58126.8%
81 MAGNOLIA AVE2026-05$70,0001,42171.0%
335 SPRUCE STREET2025-02$245,0001,29625.6%
25 JACK SURRENCY WAY2026-01$119,0001,89649.5%
105 HAMPTON STREET2026-05$173,0002,16658.0%

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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 →