The Fair Share Report
481 E Commerce St
Bridgeton, NJ 08360
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 $136,350 – $265,889, 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 $185,361 home should be assessed near $104,840.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $26,840 below what the ratio math suggests (25.6%).
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%
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 |
|---|---|---|---|---|
| 81 MAGNOLIA AVE | 2026-05 | $70,000 | 1,421 | 71.0% |
| 538 SOUTH AVE | 2026-02 | $175,000 | 1,319 | 36.3% |
| 252 FAYETTE STREET | 2026-04 | $175,000 | 1,772 | 38.3% |
| 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% |
| 314 ATLANTIC ST | 2026-06 | $200,000 | 1,629 | 10.1% |
| 183 FAYETTE STREET | 2026-05 | $295,000 | 1,733 | 31.1% |
| 82 EAST AVENUE | 2025-04 | $170,000 | 1,928 | 47.1% |
| 211 W COMMERCE ST | 2025-03 | $199,000 | 1,750 | 39.5% |
| 108 CHURCH STREET | 2025-07 | $197,000 | 1,581 | 26.8% |
| 100 RUTGERS AVE | 2025-05 | $260,000 | 1,468 | 47.3% |
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