The Fair Share Report

200 Midway

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

≈ $453,877

Likely range $388,487 – $563,219, 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 $453,877 home should be assessed near $257,439.

Step 3 · Assessed value

$243,000

Set at the last town-wide revaluation and mostly frozen since. That's $14,439 below what the ratio math suggests (5.6%).

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

$9,931/yr
Public schools$6,087
Burlington County$1,319
Town of Riverton$2,525
Riverton average$10,219

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

Town median 49.4%
This home · 53.5%

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
725-29 CINNAMINSON ST2025-12$549,0001,81744.9%
403 MIDWAY2025-05$402,5001,92253.6%
609 ELM TERRACE2025-12$540,0001,87441.6%
16 CARRIAGE HOUSE LANE2025-02$500,0002,30461.1%
101 SEVENTH ST2026-01$425,0002,33959.8%
4 SECOND ST2026-03$325,0001,58869.9%
517 CINNAMINSON ST2025-03$415,0001,52449.4%
220 LINDEN AVE2025-09$437,0001,51849.8%
631 THOMAS AVE2025-03$650,0002,72146.0%
909 CEDAR ST.2025-10$375,0001,96059.8%
712 CINNAMINSON ST2025-05$460,0001,55840.8%
804 MAIN ST2026-03$770,0002,98144.2%

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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 →