The Fair Share Report
369 Carroll 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $219,127 – $352,622, 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 $297,508 home should be assessed near $170,502.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $34,602 below what the ratio math suggests (20.3%).
Step 4 · The tax rate — same for every Riverside home
$2.144 Schools · 52% $0.554 County · 14% $1.392 Town · 34%
This home's own bill implies $4.065 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Riverside sale · assessed ÷ market
33%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| KOSSUTH ST | 2025-12 | $288,000 | — | 14.4% |
| 110 W WASHINGTON ST | 2026-02 | $217,000 | 1,701 | 75.5% |
| 259 HOOKER ST | 2025-10 | $325,000 | 1,664 | 49.8% |
| 259 HOOKER ST | 2025-03 | $311,550 | 1,664 | 51.9% |
| 316 LIPPINCOTT AVE | 2026-04 | $300,000 | 1,360 | 45.3% |
| 139 PAINE ST | 2025-11 | $260,000 | 1,530 | 47.2% |
| 200 E WASHINGTON ST | 2025-06 | $333,000 | 1,552 | 40.3% |
| 618 ARNDT AVE | 2025-06 | $329,000 | 1,568 | 43.4% |
| 316 CLEVELAND AVE | 2025-07 | $600,000 | 1,776 | 19.6% |
| 431 BEM ST | 2025-04 | $235,000 | 1,584 | 64.3% |
| 407 CLEVELAND AVE | 2025-05 | $190,000 | 1,918 | 73.4% |
| 640 BEM ST | 2026-03 | $396,000 | 1,680 | 40.9% |
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