The Fair Share Report

75 Wayne Rd

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

≈ $197,760

Likely range $98,385 – $287,184, 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 $197,760 home should be assessed near $111,853.

Step 3 · Assessed value

$80,400

Set at the last town-wide revaluation and mostly frozen since. That's $31,453 below what the ratio math suggests (28.1%).

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%

This home's own bill implies $5.479 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$4,405/yr
Public schools$567
Cumberland County$1,092
Town of Bridgeton$2,746
Bridgeton average$4,184

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

Town median 41.1%
This home · 40.7%

21%87%

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
117 BALTIMORE AVE2025-02$175,0001,38434.7%
346 S EAST AVE2025-08$100,0001,40557.4%
67 GARFIELD AVE2025-10$162,5001,27641.1%
28 VICTORY ROAD2025-08$255,0001,56647.4%
100 RUTGERS AVE2025-05$260,0001,46847.3%
109 FAYETTE ST2025-12$165,0002,12141.8%
47 WESTWOOD AVENUE2026-02$240,0001,43245.4%
183 FAYETTE STREET2026-05$295,0001,73331.1%
37 WAYNE RD2025-07$275,0002,19326.6%
518 CORAL AVE2025-05$225,0001,13231.9%
98 YORK STREET2026-06$80,0001,55460.6%
82 YORK ST2025-10$130,0001,53534.9%

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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 →