The Fair Share Report

206 Progress 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

≈ $346,653

Likely range $311,615 – $515,259, from 12 comparable Riverside sales in the past 18 months (home size estimated from assessor data — range widened).

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 $346,653 home should be assessed near $198,667.

Step 3 · Assessed value

$231,700

Set at the last town-wide revaluation and mostly frozen since. That's $33,033 above what the ratio math suggests (16.6%).

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

$9,845/yr
Public schools$5,161
Burlington County$1,334
Town of Riverside$3,351
Riverside average$6,253

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

Town median 48.6%
This home · 66.8%

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
702 RANCOCAS AVE2025-04$500,0002,84052.9%
721 RANCOCAS AVE2025-10$445,0002,10052.9%
302 E WASHINGTON ST2025-02$350,0002,36162.5%
728 FILMORE ST2025-08$405,0002,32855.7%
700 DELAWARE AVE2025-07$149,5002,230143.1%
910 FAIRVIEW ST2026-03$420,0002,51153.2%
508 WEEKS AVE2025-07$505,0001,64645.2%
723 RANCOCAS AVE2025-06$425,0001,88847.5%
503 DAUPHIN ST2025-02$310,0002,17459.0%
313 TAYLOR ST2026-04$350,0002,69155.7%
123 HEULINGS AVE2025-06$328,0002,19845.9%
116 LIPPINCOTT AVE2026-04$345,0002,51249.0%

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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 →