The Fair Share Report
311 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $331,544 – $533,763, from 12 comparable Riverton sales in the past 18 months, at this home's 1,675 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Riverton assessments sit below market value — republished every October, applied town-wide. A $389,612 home should be assessed near $220,988.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $56,288 below what the ratio math suggests (25.5%).
Step 4 · The tax rate — same for every Riverton home
$2.505 Schools · 61% $0.543 County · 13% $1.039 Town · 25%
Step 5 · The bill
This home vs. every recent Riverton sale · assessed ÷ market
25%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 411 SEVENTH ST | 2025-08 | $354,900 | 1,793 | 43.2% |
| 909 CEDAR ST. | 2025-10 | $375,000 | 1,960 | 59.8% |
| 401 SECOND ST | 2025-05 | $351,000 | 1,509 | 44.6% |
| 602 LIPPINCOTT AVE | 2025-11 | $291,890 | 1,459 | 48.4% |
| 8 LINDEN AVE | 2025-12 | $575,000 | 1,482 | 45.9% |
| 401 FULTON ST | 2025-11 | $485,000 | 1,556 | 47.9% |
| 518 MAIN ST | 2025-08 | $350,000 | 1,521 | 47.2% |
| 513 HOWARD ST | 2025-11 | $275,000 | 1,487 | 51.4% |
| 4 SECOND ST | 2026-03 | $325,000 | 1,588 | 69.9% |
| 609 ELM TERRACE | 2025-12 | $540,000 | 1,874 | 41.6% |
| 507 CINNAMINSON ST | 2025-11 | $280,000 | 1,482 | 50.8% |
| 220 LINDEN AVE | 2025-09 | $437,000 | 1,518 | 49.8% |
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