The Fair Share Report

74 E Ave

Bridgeton, NJ 08310

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

≈ $112,845

Likely range $61,391 – $146,923, 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 $112,845 home should be assessed near $63,825.

Step 3 · Assessed value

$47,100

Set at the last town-wide revaluation and mostly frozen since. That's $16,725 below what the ratio math suggests (26.2%).

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

$2,727/yr
Public schools$351
Cumberland County$676
Town of Bridgeton$1,700
Bridgeton average$4,184

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

Town median 41.1%
This home · 41.7%

21%82%

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
72 S GILES ST2025-06$150,0001,27024.6%
74 ELMER STREET2025-08$150,0001,24031.0%
65 VINE ST2025-05$115,0001,20530.9%
509 N LAUREL ST2025-12$120,0001,32536.3%
249 N LAUREL STREET2026-03$115,0001,34433.1%
27 OAK ST2025-01$85,0001,20058.6%
39 CEDAR STREET2026-04$50,0001,25076.4%
221 N PEARL ST2026-06$65,0001,21860.0%
146 EAST AVE2025-09$67,0001,33269.8%
67 VINE ST2025-11$125,0001,12126.8%
154 EAST AVENUE2025-11$125,0001,38030.1%
168 EAST AVE2026-01$86,0001,42050.7%

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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 →