The Fair Share Report
237 E Commerce St
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 $97,163 – $200,876, 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 $149,978 home should be assessed near $84,828.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $6,928 below what the ratio math suggests (8.2%).
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%86%
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 |
|---|---|---|---|---|
| 314 ATLANTIC ST | 2026-06 | $200,000 | 1,629 | 10.1% |
| 281 SPRUCE STREET | 2026-01 | $280,000 | 1,760 | 40.2% |
| 211 W COMMERCE ST | 2025-03 | $199,000 | 1,750 | 39.5% |
| 108 CHURCH STREET | 2025-07 | $197,000 | 1,581 | 26.8% |
| 82 YORK ST | 2025-10 | $130,000 | 1,535 | 34.9% |
| 98 YORK STREET | 2026-06 | $80,000 | 1,554 | 60.6% |
| 346 S EAST AVE | 2025-08 | $100,000 | 1,405 | 57.4% |
| 95 ELM STREET | 2025-11 | $130,000 | 1,304 | 32.0% |
| 45 INSTITUTE PLACE | 2025-09 | $163,000 | 1,334 | 55.8% |
| 45 INSTITUTE PLACE | 2025-06 | $130,000 | 1,334 | 70.0% |
| 122 YORK ST | 2025-12 | $135,000 | 1,451 | 23.6% |
| 100 RUTGERS AVE | 2025-05 | $260,000 | 1,468 | 47.3% |
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