The Fair Share Report

105 Second St

Riverton, NJ 08077

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

≈ $1,131,043

Likely range $1,110,529 – $1,149,086, from 5 comparable Riverton sales in the past 18 months, at this home's 5,354 sq ft.

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 $1,131,043 home should be assessed near $641,528.

Step 3 · Assessed value

$475,000

Set at the last town-wide revaluation and mostly frozen since. That's $166,528 below what the ratio math suggests (26.0%).

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

$19,413/yr
Public schools$11,899
Burlington County$2,579
Town of Riverton$4,935
Riverton average$10,219

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

Town median 49.4%
This home · 42.0%

36%71%

Keep quiet and enjoy it

This home's assessment ratio sits below the Riverton pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
800 MAIN ST2025-08$950,0004,49743.5%
105 MAIN ST2025-07$775,0003,61149.6%
100 MAIN ST2025-04$710,0003,42346.3%
901 THOMAS AVE2024-12$650,0003,62962.6%
206 CARRIAGE HOUSE LANE2025-11$760,0002,95652.0%

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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 →