The Fair Share Report
581 E Commerce St
Bridgeton, NJ 08302
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
Good news — this home pays less than its share
Its assessment sits low relative to what homes like it actually sell for. An appeal would only invite a fresh look at a number working in the owner's favor.
Step 1 · Market value
Likely range $203,984 – $336,474, 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 $265,426 home should be assessed near $150,125.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $84,425 below what the ratio math suggests (56.2%).
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
14%75%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 52 LOGAN ST | 2025-07 | $270,000 | 1,100 | 37.6% |
| 212 W LINCOLN STREET | 2025-06 | $250,000 | 1,501 | 49.0% |
| 565 N BURLINGTON RD | 2025-08 | $315,000 | 1,232 | 43.7% |
| 654 BUCKSHUTEM RD | 2025-11 | $225,000 | 1,216 | 43.8% |
| 107 CEDARBROOK AVE | 2026-01 | $255,000 | 1,176 | 41.8% |
| 58 DUBOIS AVENUE | 2026-02 | $325,000 | 1,248 | 27.1% |
| 19 SMITH AVE | 2025-06 | $390,000 | 1,630 | 34.4% |
| 73 OXFORD STREET | 2025-05 | $330,000 | 1,620 | 35.5% |
| 47 WESTWOOD AVENUE | 2026-02 | $240,000 | 1,432 | 45.4% |
| 63 WOODLAND DRIVE | 2026-05 | $141,000 | 1,743 | 81.2% |
| 11 WESTWOOD AVE | 2025-10 | $265,000 | 1,077 | 38.5% |
| 100 RUTGERS AVE | 2025-05 | $260,000 | 1,468 | 47.3% |
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