The Fair Share Report

131 Webster 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

≈ $281,196

Likely range $244,831 – $332,716, from 12 comparable Riverside sales in the past 18 months, at this home's 1,972 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 $281,196 home should be assessed near $161,153.

Step 3 · Assessed value

$166,600

Set at the last town-wide revaluation and mostly frozen since. That's $5,447 above what the ratio math suggests (3.4%).

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

$7,079/yr
Public schools$3,711
Burlington County$959
Town of Riverside$2,409
Riverside average$6,253

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

Town median 48.6%
This home · 59.2%

35%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
421 BRIDGEBORO ST2026-02$275,0001,98940.0%
210 S FAIRVIEW ST2025-05$405,0001,99237.3%
210 S FAIRVIEW ST2024-12$185,0001,99281.6%
223 DELAWARE AVE2025-08$315,0001,86749.2%
330 KOSSUTH ST2025-07$265,0001,84045.9%
301-305 S FAIRVIEW ST2025-06$316,0002,17155.3%
503 DAUPHIN ST2025-02$310,0002,17459.0%
504 TAYLOR ST2026-03$244,0001,77234.1%
531 KOSSUTH ST2025-08$220,0001,77240.5%
430 KOSSUTH ST2025-08$310,0001,76735.6%
136 WEBSTER ST2025-03$250,0001,76054.4%
310 S FAIRVIEW ST2025-01$410,0001,83441.0%

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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 →