The Fair Share Report

334 Delaware Ave

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

≈ $392,562

Likely range $358,064 – $464,486, from 12 comparable Riverside sales in the past 18 months, at this home's 2,753 sq ft.

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 $392,562 home should be assessed near $224,977.

Step 3 · Assessed value

$187,300

Set at the last town-wide revaluation and mostly frozen since. That's $37,677 below what the ratio math suggests (16.7%).

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

$7,958/yr
Public schools$4,172
Burlington County$1,078
Town of Riverside$2,709
Riverside average$6,253

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

Town median 48.6%
This home · 47.7%

35%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
116 LIPPINCOTT AVE2026-04$345,0002,51249.0%
313 TAYLOR ST2026-04$350,0002,69155.7%
300 NEW JERSEY AVE2025-07$406,0002,97242.7%
123 HEULINGS AVE2025-06$328,0002,19845.9%
210 S FAIRVIEW ST2025-05$405,0001,99237.3%
210 S FAIRVIEW ST2024-12$185,0001,99281.6%
121 BRIDGEBORO ST2025-09$390,0002,33239.6%
319 TAYLOR ST2026-02$221,5002,26858.9%
223 DELAWARE AVE2025-08$315,0001,86749.2%
301-305 S FAIRVIEW ST2025-06$316,0002,17155.3%
300-302 MADISON ST2025-12$327,0003,06649.2%
503 DAUPHIN ST2025-02$310,0002,17459.0%

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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 →