The Fair Share Report

50 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

≈ $145,175

Likely range $71,847 – $268,191, 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 $145,175 home should be assessed near $82,111.

Step 3 · Assessed value

$77,000

Set at the last town-wide revaluation and mostly frozen since. That's $5,111 below what the ratio math suggests (6.2%).

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

$4,458/yr
Public schools$574
Cumberland County$1,105
Town of Bridgeton$2,780
Bridgeton average$4,184

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

Town median 41.1%
This home · 53.0%

21%113%

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
81 MAGNOLIA AVE2026-05$70,0001,42171.0%
395 W BROAD ST2025-05$60,0001,564199.8%
538 SOUTH AVE2026-02$175,0001,31936.3%
597 N LAUREL ST2026-01$165,0001,70443.0%
212 W LINCOLN STREET2025-06$250,0001,50149.0%
335 SPRUCE STREET2025-02$245,0001,29625.6%
45 INSTITUTE PLACE2025-09$163,0001,33455.8%
45 INSTITUTE PLACE2025-06$130,0001,33470.0%
252 FAYETTE STREET2026-04$175,0001,77238.3%
162 BRIDGETON AVE2025-08$85,0001,44257.6%
63 WOODLAND DRIVE2026-05$141,0001,74381.2%
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 →