The Fair Share Report
203 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $77,612 – $148,457, 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 $117,004 home should be assessed near $66,177.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $21,077 below what the ratio math suggests (31.8%).
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%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 |
|---|---|---|---|---|
| 23 RIVER ST | 2025-08 | $132,000 | 1,188 | 27.1% |
| 65 VINE ST | 2025-05 | $115,000 | 1,205 | 30.9% |
| 72 S GILES ST | 2025-06 | $150,000 | 1,270 | 24.6% |
| 72 HAMPTON STREET | 2026-06 | $145,000 | 1,260 | 27.7% |
| 27 OAK ST | 2025-01 | $85,000 | 1,200 | 58.6% |
| 74 ELMER STREET | 2025-08 | $150,000 | 1,240 | 31.0% |
| 249 N LAUREL STREET | 2026-03 | $115,000 | 1,344 | 33.1% |
| 509 N LAUREL ST | 2025-12 | $120,000 | 1,325 | 36.3% |
| 221 N PEARL ST | 2026-06 | $65,000 | 1,218 | 60.0% |
| 67 VINE ST | 2025-11 | $125,000 | 1,121 | 26.8% |
| 137 PENN STREET | 2026-02 | $125,000 | 1,075 | 26.1% |
| 39 CEDAR STREET | 2026-04 | $50,000 | 1,250 | 76.4% |
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