The Fair Share Report

331 Middleton 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

≈ $249,536

Likely range $228,933 – $312,883, 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 $249,536 home should be assessed near $143,009.

Step 3 · Assessed value

$98,800

Set at the last town-wide revaluation and mostly frozen since. That's $44,209 below what the ratio math suggests (30.9%).

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

$4,198/yr
Public schools$2,201
Burlington County$569
Town of Riverside$1,429
Riverside average$6,253

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

Town median 48.6%
This home · 39.6%

26%81%

Keep quiet and enjoy it

This home's assessment ratio sits below the Riverside pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
130 SPRING GARDEN ST2025-01$299,9001,28036.8%
224 FILMORE ST2025-02$230,0001,20039.5%
215 N FAIRVIEW ST2025-02$275,0001,19237.7%
305 FILMORE ST2025-08$243,0001,26443.9%
54 WEBSTER ST2025-05$220,0001,22452.4%
36 WEBSTER ST2025-09$260,0001,21644.1%
515 DELAWARE AVE2025-05$305,0001,30646.0%
101 E WASHINGTON ST2025-10$195,0001,32850.5%
234 KOSSUTH ST2025-01$221,6501,21842.2%
64 PARK AVE2025-06$260,0001,12044.2%
525 BRIDGEBORO ST2026-03$265,0001,26442.1%
525 BRIDGEBORO ST2025-01$249,9001,26444.7%

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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 →