The Fair Share Report

265 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.

Step 1 · Market value

≈ $265,721

Likely range $192,063 – $299,750, from 12 comparable Riverside sales in the past 18 months, at this home's 1,308 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 $265,721 home should be assessed near $152,285.

Step 3 · Assessed value

$139,800

Set at the last town-wide revaluation and mostly frozen since. That's $12,485 below what the ratio math suggests (8.2%).

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

$5,940/yr
Public schools$3,114
Burlington County$805
Town of Riverside$2,022
Riverside average$6,253

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

Town median 48.6%
This home · 52.6%

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
304 CLEVELAND AVE2025-08$296,0001,31243.4%
304 CLEVELAND AVE2025-01$92,5001,312138.8%
515 DELAWARE AVE2025-05$305,0001,30646.0%
310 HEULINGS AVE2025-05$181,0001,23462.4%
327 WHITTAKER ST2026-02$245,0001,20654.9%
413 DELAWARE AVE2025-10$162,7501,34459.7%
200 E WASHINGTON ST2025-06$333,0001,55240.3%
305 FILMORE ST2025-08$243,0001,26443.9%
110 JEFFERSON ST2025-01$175,0001,19048.6%
130 SPRING GARDEN ST2025-01$299,9001,28036.8%
567 FAIRVIEW ST2025-11$275,0001,20044.9%
112 JEFFERSON ST2025-01$181,5001,19055.7%

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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 →