The Fair Share Report

55 E Ave

Bridgeton, NJ 08201

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

≈ $171,367

Likely range $144,702 – $322,928, 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 $171,367 home should be assessed near $96,925.

Step 3 · Assessed value

$116,700

Set at the last town-wide revaluation and mostly frozen since. That's $19,775 above what the ratio math suggests (20.4%).

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

$6,757/yr
Public schools$870
Cumberland County$1,674
Town of Bridgeton$4,213
Bridgeton average$4,184

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

Town median 41.1%
This home · 68.1%

21%86%

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
597 N LAUREL ST2026-01$165,0001,70443.0%
63 WOODLAND DRIVE2026-05$141,0001,74381.2%
252 FAYETTE STREET2026-04$175,0001,77238.3%
65 WOODLAND DRIVE2025-10$325,0002,11058.9%
65 WOODLAND DRIVE2025-06$175,0002,110109.4%
65 WOODLAND DRIVE2025-06$105,0002,110182.3%
82 EAST AVENUE2025-04$170,0001,92847.1%
94 UNIVERSITY AVE2025-10$263,0001,93444.9%
137-139 N LAUREL ST2026-06$180,0001,96033.3%
395 W BROAD ST2025-05$60,0001,564199.8%
159 FAYETTE ST2026-01$215,9002,54840.9%
19 SMITH AVE2025-06$390,0001,63034.4%

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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 →