The Fair Share Report
56 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $198,166 – $257,661, from 12 comparable Bridgeton sales in the past 18 months, at this home's 2,609 sq ft.
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 $239,602 home should be assessed near $135,519.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $34,519 below what the ratio math suggests (25.5%).
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 |
|---|---|---|---|---|
| 109-11 N PEARL ST | 2025-05 | $250,000 | 2,582 | 31.7% |
| 178 EAST AVE | 2026-01 | $345,000 | 2,509 | 26.2% |
| 159 FAYETTE ST | 2026-01 | $215,900 | 2,548 | 40.9% |
| 105 HAMPTON STREET | 2026-05 | $173,000 | 2,166 | 58.0% |
| 85 OAK STREET | 2025-10 | $320,000 | 2,286 | 25.8% |
| 110-112 MAGNOLIA AVE | 2025-03 | $280,000 | 2,854 | 30.5% |
| 66 BANK STREET | 2025-11 | $140,000 | 3,056 | 59.9% |
| 82 EAST AVENUE | 2025-04 | $170,000 | 1,928 | 47.1% |
| 137-139 N LAUREL ST | 2026-06 | $180,000 | 1,960 | 33.3% |
| 252 FAYETTE STREET | 2026-04 | $175,000 | 1,772 | 38.3% |
| 300 ATLANTIC STREET | 2025-04 | $127,000 | 2,285 | 101.7% |
| 342-344 N PEARL STREET | 2025-09 | $80,000 | 2,303 | 83.1% |
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