The Fair Share Report
35 E Ave
Bridgeton, NJ 08302
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
This home's payments are about right
It sits inside Bridgeton's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $113,383 – $255,548, 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 $178,151 home should be assessed near $100,762.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $28,262 below what the ratio math suggests (28.0%).
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%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 81 MAGNOLIA AVE | 2026-05 | $70,000 | 1,421 | 71.0% |
| 538 SOUTH AVE | 2026-02 | $175,000 | 1,319 | 36.3% |
| 335 SPRUCE STREET | 2025-02 | $245,000 | 1,296 | 25.6% |
| 45 INSTITUTE PLACE | 2025-09 | $163,000 | 1,334 | 55.8% |
| 45 INSTITUTE PLACE | 2025-06 | $130,000 | 1,334 | 70.0% |
| 252 FAYETTE STREET | 2026-04 | $175,000 | 1,772 | 38.3% |
| 314 ATLANTIC ST | 2026-06 | $200,000 | 1,629 | 10.1% |
| 47 WESTWOOD AVENUE | 2026-02 | $240,000 | 1,432 | 45.4% |
| 100 RUTGERS AVE | 2025-05 | $260,000 | 1,468 | 47.3% |
| 183 FAYETTE STREET | 2026-05 | $295,000 | 1,733 | 31.1% |
| 28 VICTORY ROAD | 2025-08 | $255,000 | 1,566 | 47.4% |
| 346 S EAST AVE | 2025-08 | $100,000 | 1,405 | 57.4% |
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