The Fair Share Report

504 Tenth St

Riverton, NJ 08077

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

≈ $492,273

Likely range $349,969 – $544,917, from 12 comparable Riverton sales in the past 18 months, at this home's 1,710 sq ft.

Step 2 · The Director's Ratio

56.72%

The state's official measure of how far Riverton assessments sit below market value — republished every October, applied town-wide. A $492,273 home should be assessed near $279,217.

Step 3 · Assessed value

$264,800

Set at the last town-wide revaluation and mostly frozen since. That's $14,417 below what the ratio math suggests (5.2%).

Step 4 · The tax rate — same for every Riverton home

$4.087 per $100 assessed

$2.505 Schools · 61% $0.543 County · 13% $1.039 Town · 25%

Step 5 · The bill

$10,822/yr
Public schools$6,633
Burlington County$1,438
Town of Riverton$2,751
Riverton average$10,219

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

Town median 49.4%
This home · 53.8%

36%81%

Paying about right

This home's ratio lands inside Riverton'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
909 CEDAR ST.2025-10$375,0001,96059.8%
401 FULTON ST2025-11$485,0001,55647.9%
8 LINDEN AVE2025-12$575,0001,48245.9%
15 CARRIAGE HOUSE LANE2025-12$480,0001,45243.9%
4 SECOND ST2026-03$325,0001,58869.9%
220 LINDEN AVE2025-09$437,0001,51849.8%
600 CEDAR ST2025-12$375,0001,75660.6%
500-2 FULTON ST2025-01$385,0001,18854.9%
725-29 CINNAMINSON ST2025-12$549,0001,81744.9%
604 THOMAS AVE2025-06$420,0001,31848.8%
604 THOMAS AVE2025-01$207,0001,31899.1%
433 THOMAS AVENUE2025-07$299,0002,23487.4%

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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 →