The Fair Share Report
322 Delaware Ave
Riverside, NJ 08075
The town catches up with market prices only once a year — and only based on the average change of all homes in the area. This report checks whether this house's assessment kept pace.
This home's full record →Check another house →
This home's payments are about right
It sits inside Riverside's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $236,818 – $387,636, 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 $280,675 home should be assessed near $160,855.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $11,645 above what the ratio math suggests (7.2%).
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%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 223 DELAWARE AVE | 2025-08 | $315,000 | 1,867 | 49.2% |
| 310 S FAIRVIEW ST | 2025-01 | $410,000 | 1,834 | 41.0% |
| 210 S FAIRVIEW ST | 2025-05 | $405,000 | 1,992 | 37.3% |
| 210 S FAIRVIEW ST | 2024-12 | $185,000 | 1,992 | 81.6% |
| 225 DELAWARE AVE | 2026-02 | $328,100 | 1,611 | 40.2% |
| 121 CLEVELAND AVE | 2025-04 | $172,000 | 1,700 | 98.7% |
| 136 WEBSTER ST | 2025-03 | $250,000 | 1,760 | 54.4% |
| 117 CHESTER AVE | 2025-12 | $258,000 | 1,788 | 57.1% |
| 130 N FAIRVIEW ST | 2025-02 | $260,000 | 1,660 | 51.0% |
| 123 HEULINGS AVE | 2025-06 | $328,000 | 2,198 | 45.9% |
| 131 LIPPINCOTT AVE | 2025-11 | $395,000 | 1,772 | 43.5% |
| 131 LIPPINCOTT AVE | 2025-07 | $255,000 | 1,772 | 67.4% |
Is this your house?
Run your own report →