The Fair Share Report

705 E Commerce St

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

≈ $146,581

Likely range $96,425 – $258,986, 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 $146,581 home should be assessed near $82,906.

Step 3 · Assessed value

$45,400

Set at the last town-wide revaluation and mostly frozen since. That's $37,506 below what the ratio math suggests (45.2%).

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

$2,629/yr
Public schools$338
Cumberland County$651
Town of Bridgeton$1,639
Bridgeton average$4,184

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

Town median 41.1%
This home · 31.0%

12%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
473 CORAL AVENUE2025-04$190,0001,28340.5%
138 NEW STREET2025-03$99,5001,08071.3%
30 SHARP AVENUE2026-03$190,00094037.6%
518 CORAL AVE2025-05$225,0001,13231.9%
52 LOGAN ST2025-07$270,0001,10037.6%
1 WOODLAND DRIVE2025-01$130,0001,84782.5%
41 SPRING STREET2025-12$100,0001,06476.6%
30 SOUTH AVE2025-04$118,5001,05928.9%
72 HAMPTON STREET2026-06$145,0001,26027.7%
273 W COMMERCE ST EXT2025-07$190,0001,16932.5%
67 GARFIELD AVE2025-10$162,5001,27641.1%
129 EWING ST2025-02$55,0001,03622.0%

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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 →