The Fair Share Report
508 Weeks 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $293,929 – $370,524, from 12 comparable Riverside sales in the past 18 months, at this home's 1,646 sq ft.
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 $348,795 home should be assessed near $199,894.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $28,206 above what the ratio math suggests (14.1%).
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%83%
A touch high — worth watching
This home's ratio sits above most of Riverside, but doesn't clear NJ's legal appeal line (65.91%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 723 RANCOCAS AVE | 2025-06 | $425,000 | 1,888 | 47.5% |
| 707 HARRISON ST | 2025-01 | $280,000 | 1,568 | 61.9% |
| 801 TAYLOR ST | 2025-10 | $396,000 | 1,437 | 51.7% |
| 718 RANCOCAS AVE | 2025-06 | $320,000 | 1,525 | 59.6% |
| 208 1/2 HOOKER ST | 2025-06 | $420,000 | 1,485 | 46.3% |
| 720 HARRISON ST | 2025-04 | $250,000 | 1,850 | 87.9% |
| 514 BRIDGEBORO ST | 2026-03 | $290,000 | 1,548 | 49.3% |
| 517 8TH ST | 2025-08 | $390,000 | 1,612 | 45.7% |
| 721 RANCOCAS AVE | 2025-10 | $445,000 | 2,100 | 52.9% |
| 117 CHESTER AVE | 2025-12 | $258,000 | 1,788 | 57.1% |
| 619 S CHESTER AVE | 2025-01 | $415,000 | 1,860 | 52.4% |
| 310 S FAIRVIEW ST | 2025-01 | $410,000 | 1,834 | 41.0% |
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