The Fair Share Report

45 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

≈ $239,746

Likely range $217,169 – $268,524, from 12 comparable Bridgeton sales in the past 18 months, at this home's 2,719 sq ft.

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 $239,746 home should be assessed near $135,600.

Step 3 · Assessed value

$94,200

Set at the last town-wide revaluation and mostly frozen since. That's $41,400 below what the ratio math suggests (30.5%).

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

$5,454/yr
Public schools$702
Cumberland County$1,352
Town of Bridgeton$3,400
Bridgeton average$4,184

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

Town median 41.1%
This home · 39.3%

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
178 EAST AVE2026-01$345,0002,50926.2%
56 EAST AVE2025-04$210,0002,60948.1%
159 FAYETTE ST2026-01$215,9002,54840.9%
109-11 N PEARL ST2025-05$250,0002,58231.7%
110-112 MAGNOLIA AVE2025-03$280,0002,85430.5%
105 HAMPTON STREET2026-05$173,0002,16658.0%
66 BANK STREET2025-11$140,0003,05659.9%
85 OAK STREET2025-10$320,0002,28625.8%
300 ATLANTIC STREET2025-04$127,0002,285101.7%
82 EAST AVENUE2025-04$170,0001,92847.1%
137-139 N LAUREL ST2026-06$180,0001,96033.3%
252 FAYETTE STREET2026-04$175,0001,77238.3%

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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 →