The Fair Share Report

207 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

≈ $117,323

Likely range $80,752 – $153,620, 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 $117,323 home should be assessed near $66,358.

Step 3 · Assessed value

$48,600

Set at the last town-wide revaluation and mostly frozen since. That's $17,758 below what the ratio math suggests (26.8%).

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

$2,814/yr
Public schools$362
Cumberland County$697
Town of Bridgeton$1,754
Bridgeton average$4,184

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

Town median 41.1%
This home · 41.4%

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)

AddressSoldPriceSq ftRatio
72 HAMPTON STREET2026-06$145,0001,26027.7%
23 RIVER ST2025-08$132,0001,18827.1%
509 N LAUREL ST2025-12$120,0001,32536.3%
74 ELMER STREET2025-08$150,0001,24031.0%
72 S GILES ST2025-06$150,0001,27024.6%
65 VINE ST2025-05$115,0001,20530.9%
146 EAST AVE2025-09$67,0001,33269.8%
122 YORK ST2025-12$135,0001,45123.6%
249 N LAUREL STREET2026-03$115,0001,34433.1%
39 CEDAR STREET2026-04$50,0001,25076.4%
221 N PEARL ST2026-06$65,0001,21860.0%
165 IRVING AVE2026-05$134,0001,39732.4%

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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 →