The Fair Share Report
3 E Ave
Bridgeton, NJ 08323
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 $126,644 – $270,278, 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 $192,114 home should be assessed near $108,660.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $65,060 below what the ratio math suggests (59.9%).
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
11%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 |
|---|---|---|---|---|
| 538 SOUTH AVE | 2026-02 | $175,000 | 1,319 | 36.3% |
| 335 SPRUCE STREET | 2025-02 | $245,000 | 1,296 | 25.6% |
| 81 MAGNOLIA AVE | 2026-05 | $70,000 | 1,421 | 71.0% |
| 45 INSTITUTE PLACE | 2025-09 | $163,000 | 1,334 | 55.8% |
| 45 INSTITUTE PLACE | 2025-06 | $130,000 | 1,334 | 70.0% |
| 132 HAMPTON STREET | 2025-04 | $168,000 | 1,192 | 34.3% |
| 107 CEDARBROOK AVE | 2026-01 | $255,000 | 1,176 | 41.8% |
| 273 W COMMERCE ST EXT | 2025-07 | $190,000 | 1,169 | 32.5% |
| 84 EWING ST | 2026-05 | $165,000 | 998 | 36.4% |
| 77 CORAL AVENUE | 2026-03 | $303,000 | 1,196 | 53.0% |
| 138 NEW STREET | 2025-03 | $99,500 | 1,080 | 71.3% |
| 52 LOGAN ST | 2025-07 | $270,000 | 1,100 | 37.6% |
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