The Fair Share Report

35 Sharp 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

≈ $219,502

Likely range $147,945 – $282,753, 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 $219,502 home should be assessed near $124,150.

Step 3 · Assessed value

$60,400

Set at the last town-wide revaluation and mostly frozen since. That's $63,750 below what the ratio math suggests (51.3%).

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

$3,497/yr
Public schools$450
Cumberland County$867
Town of Bridgeton$2,180
Bridgeton average$4,184

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

Town median 41.1%
This home · 27.5%

16%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
67 GARFIELD AVE2025-10$162,5001,27641.1%
117 BALTIMORE AVE2025-02$175,0001,38434.7%
47 WESTWOOD AVENUE2026-02$240,0001,43245.4%
100 RUTGERS AVE2025-05$260,0001,46847.3%
15 BECK DR2026-04$275,0001,17742.1%
346 S EAST AVE2025-08$100,0001,40557.4%
58 DUBOIS AVENUE2026-02$325,0001,24827.1%
518 CORAL AVE2025-05$225,0001,13231.9%
45 INSTITUTE PLACE2025-09$163,0001,33455.8%
45 INSTITUTE PLACE2025-06$130,0001,33470.0%
565 N BURLINGTON RD2025-08$315,0001,23243.7%
28 VICTORY ROAD2025-08$255,0001,56647.4%

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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 →