The Fair Share Report

101 Midway

Riverton, NJ 08065

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

≈ $548,180

Likely range $499,298 – $602,008, from 12 comparable Riverton sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

56.72%

The state's official measure of how far Riverton assessments sit below market value — republished every October, applied town-wide. A $548,180 home should be assessed near $310,928.

Step 3 · Assessed value

$310,100

Set at the last town-wide revaluation and mostly frozen since. That's $828 below what the ratio math suggests (0.3%).

Step 4 · The tax rate — same for every Riverton home

$4.087 per $100 assessed

$2.505 Schools · 61% $0.543 County · 13% $1.039 Town · 25%

Step 5 · The bill

$12,674/yr
Public schools$7,768
Burlington County$1,684
Town of Riverton$3,222
Riverton average$10,219

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

Town median 49.4%
This home · 56.6%

36%71%

Paying about right

This home's ratio lands inside Riverton'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
433 THOMAS AVENUE2025-07$299,0002,23487.4%
16 CARRIAGE HOUSE LANE2025-02$500,0002,30461.1%
909 CEDAR ST.2025-10$375,0001,96059.8%
808 THIRD ST2025-05$615,0002,62650.5%
631 THOMAS AVE2025-03$650,0002,72146.0%
601 EIGHTH ST2026-01$610,0002,75357.1%
109 PENN ST2026-03$620,0002,31245.6%
101 SEVENTH ST2026-01$425,0002,33959.8%
804 MAIN ST2026-03$770,0002,98144.2%
206 CARRIAGE HOUSE LANE2025-11$760,0002,95652.0%
400 MAIN ST2026-01$677,7002,44649.6%
4 SECOND ST2026-03$325,0001,58869.9%

Is this your house?

Run your own report →

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 →