The Fair Share Report

63 Sharp 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

≈ $179,923

Likely range $80,822 – $232,304, 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 $179,923 home should be assessed near $101,764.

Step 3 · Assessed value

$37,000

Set at the last town-wide revaluation and mostly frozen since. That's $64,764 below what the ratio math suggests (63.6%).

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

$2,142/yr
Public schools$276
Cumberland County$531
Town of Bridgeton$1,336
Bridgeton average$4,184

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

Town median 41.1%
This home · 20.6%

10%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)

AddressSoldPriceSq ftRatio
273 W COMMERCE ST EXT2025-07$190,0001,16932.5%
41 SPRING STREET2025-12$100,0001,06476.6%
2 WOODLAND DR2026-05$160,00097249.8%
11 FAIRVIEW AVE2026-02$225,0001,00027.5%
84 EWING ST2026-05$165,00099836.4%
67 GARFIELD AVE2025-10$162,5001,27641.1%
518 CORAL AVE2025-05$225,0001,13231.9%
117 NEW STREET2026-01$220,0001,06022.3%
370 S EAST AVENUE2026-03$200,00096022.2%
211 SOUTH AVE2025-08$75,0001,21684.8%
346 S EAST AVE2025-08$100,0001,40557.4%
14 HIGHLAND AVE2025-07$180,00096742.4%

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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 →