The Fair Share Report

563 Fairview 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

≈ $298,465

Likely range $223,072 – $420,582, 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 $298,465 home should be assessed near $171,050.

Step 3 · Assessed value

$180,000

Set at the last town-wide revaluation and mostly frozen since. That's $8,950 above what the ratio math suggests (5.2%).

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

$7,398/yr
Public schools$3,878
Burlington County$1,002
Town of Riverside$2,518
Riverside average$6,253

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

Town median 48.6%
This home · 60.3%

35%86%

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
503 DAUPHIN ST2025-02$310,0002,17459.0%
310 S FAIRVIEW ST2025-01$410,0001,83441.0%
223 DELAWARE AVE2025-08$315,0001,86749.2%
210 S FAIRVIEW ST2025-05$405,0001,99237.3%
210 S FAIRVIEW ST2024-12$185,0001,99281.6%
723 RANCOCAS AVE2025-06$425,0001,88847.5%
117 CHESTER AVE2025-12$258,0001,78857.1%
225 DELAWARE AVE2026-02$328,1001,61140.2%
508 WEEKS AVE2025-07$505,0001,64645.2%
619 S CHESTER AVE2025-01$415,0001,86052.4%
700 DELAWARE AVE2025-07$149,5002,230143.1%
514 BRIDGEBORO ST2026-03$290,0001,54849.3%

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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 →