The Fair Share Report

11 Rush St

Riverside, NJ 08075

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

≈ $203,488

Likely range $152,521 – $232,143, from 12 comparable Riverside sales in the past 18 months, at this home's 1,000 sq ft.

Step 2 · The Director's Ratio

57.31%

The state's official measure of how far Riverside assessments sit below market value — republished every October, applied town-wide. A $203,488 home should be assessed near $116,619.

Step 3 · Assessed value

$84,300

Set at the last town-wide revaluation and mostly frozen since. That's $32,319 below what the ratio math suggests (27.7%).

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

$4.090 per $100 assessed

$2.144 Schools · 52% $0.554 County · 14% $1.392 Town · 34%

Step 5 · The bill

$3,582/yr
Public schools$1,878
Burlington County$485
Town of Riverside$1,219
Riverside average$6,253

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

Town median 48.6%
This home · 41.4%

31%81%

Paying about right

This home's ratio lands inside Riverside'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
335 MIDDLETON ST2025-07$210,0001,03242.5%
120 MONROE ST2025-08$75,0001,064105.3%
238 FILMORE ST2025-03$280,0001,00834.9%
607 BUTLER ST2025-09$268,0001,00844.3%
234 KOSSUTH ST2025-01$221,6501,21842.2%
215 N FAIRVIEW ST2025-02$275,0001,19237.7%
64 PARK AVE2025-06$260,0001,12044.2%
224 FILMORE ST2025-02$230,0001,20039.5%
433 KOSSUTH ST2025-01$168,0001,23350.3%
130 SPRING GARDEN ST2025-01$299,9001,28036.8%
36 WEBSTER ST2025-09$260,0001,21644.1%
54 WEBSTER ST2025-05$220,0001,22452.4%

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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 →