The Fair Share Report
228 Hooker 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $215,195 – $337,653, from 12 comparable Riverside sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Riverside assessments sit below market value — republished every October, applied town-wide. A $296,487 home should be assessed near $169,917.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $33,617 below what the ratio math suggests (19.8%).
Step 4 · The tax rate — same for every Riverside home
$2.144 Schools · 52% $0.554 County · 14% $1.392 Town · 34%
Step 5 · The bill
This home vs. every recent Riverside sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 208 CLEVELAND AVE | 2025-04 | $325,000 | 1,344 | 46.9% |
| 225 DELAWARE AVE | 2026-02 | $328,100 | 1,611 | 40.2% |
| 412 LIPPINCOTT AVE | 2026-04 | $340,000 | 1,365 | 47.0% |
| 127 CLEVELAND AVE | 2025-08 | $260,000 | 1,239 | 52.3% |
| 310 S FAIRVIEW ST | 2025-01 | $410,000 | 1,834 | 41.0% |
| 805 RANCOCAS AVE | 2025-04 | $350,000 | 1,392 | 47.3% |
| 505 JEFFERSON ST | 2025-09 | $305,000 | 1,316 | 54.9% |
| 117 HOOKER ST | 2025-08 | $210,000 | 1,236 | 101.8% |
| 718 RANCOCAS AVE | 2025-06 | $320,000 | 1,525 | 59.6% |
| 223 DELAWARE AVE | 2025-08 | $315,000 | 1,867 | 49.2% |
| 513 JEFFERSON ST | 2026-03 | $200,000 | 1,452 | 89.3% |
| 315 RANCOCAS AVE | 2026-03 | $285,000 | 1,315 | 57.0% |
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