The Fair Share Report

306 Second St

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

≈ $319,801

Likely range $278,612 – $339,174, from 12 comparable Riverton sales in the past 18 months, at this home's 1,026 sq ft.

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 $319,801 home should be assessed near $181,391.

Step 3 · Assessed value

$178,000

Set at the last town-wide revaluation and mostly frozen since. That's $3,391 below what the ratio math suggests (1.9%).

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

$7,275/yr
Public schools$4,459
Burlington County$967
Town of Riverton$1,849
Riverton average$10,219

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

Town median 49.4%
This home · 55.7%

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
500-2 FULTON ST2025-01$385,0001,18854.9%
604 THOMAS AVE2025-06$420,0001,31848.8%
604 THOMAS AVE2025-01$207,0001,31899.1%
15 CARRIAGE HOUSE LANE2025-12$480,0001,45243.9%
401 FULTON ST2025-11$485,0001,55647.9%
112 MORGAN AVE2025-03$432,0001,17241.6%
8 LINDEN AVE2025-12$575,0001,48245.9%
629 THOMAS AVE2025-03$472,7001,28542.4%
220 LINDEN AVE2025-09$437,0001,51849.8%
517 CINNAMINSON ST2025-03$415,0001,52449.4%
713 CINNAMINSON ST2025-01$315,0001,16041.2%
4 SECOND ST2026-03$325,0001,58869.9%

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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 →