The Fair Share Report

211 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

≈ $342,009

Likely range $277,369 – $478,016, 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 $342,009 home should be assessed near $196,005.

Step 3 · Assessed value

$157,400

Set at the last town-wide revaluation and mostly frozen since. That's $38,605 below what the ratio math suggests (19.7%).

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

$6,688/yr
Public schools$3,506
Burlington County$906
Town of Riverside$2,276
Riverside average$6,253

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

Town median 48.6%
This home · 46.0%

27%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
707 HARRISON ST2025-01$280,0001,56861.9%
208 1/2 HOOKER ST2025-06$420,0001,48546.3%
801 TAYLOR ST2025-10$396,0001,43751.7%
508 WEEKS AVE2025-07$505,0001,64645.2%
640 BEM ST2026-03$396,0001,68040.9%
618 ARNDT AVE2025-06$329,0001,56843.4%
204 SEVENTH STREET2025-01$273,0002,00453.9%
225 DELAWARE AVE2026-02$328,1001,61140.2%
742 ARNDT AVE2025-07$355,0001,75549.4%
718 RANCOCAS AVE2025-06$320,0001,52559.6%
130 N FAIRVIEW ST2025-02$260,0001,66051.0%
431 BEM ST2025-04$235,0001,58464.3%

Is this your house?

Run your own report →

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 →