The Fair Share Report

320 Taylor 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

≈ $286,036

Likely range $202,909 – $332,520, 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 $286,036 home should be assessed near $163,927.

Step 3 · Assessed value

$132,000

Set at the last town-wide revaluation and mostly frozen since. That's $31,927 below what the ratio math suggests (19.5%).

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%

This home's own bill implies $4.060 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$5,359/yr
Public schools$2,809
Burlington County$726
Town of Riverside$1,824
Riverside average$6,253

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

Town median 48.6%
This home · 46.1%

34%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
225 DELAWARE AVE2026-02$328,1001,61140.2%
127 CLEVELAND AVE2025-08$260,0001,23952.3%
208 CLEVELAND AVE2025-04$325,0001,34446.9%
130 N FAIRVIEW ST2025-02$260,0001,66051.0%
223 DELAWARE AVE2025-08$315,0001,86749.2%
121 CLEVELAND AVE2025-04$172,0001,70098.7%
431 BEM ST2025-04$235,0001,58464.3%
200 E WASHINGTON ST2025-06$333,0001,55240.3%
515 DELAWARE AVE2025-05$305,0001,30646.0%
413 DELAWARE AVE2025-10$162,7501,34459.7%
327 WHITTAKER ST2026-02$245,0001,20654.9%
238 CLEVELAND AVE2025-01$290,0001,54647.4%

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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 →