The Fair Share Report

6 Grant 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

≈ $319,601

Likely range $281,205 – $343,496, 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 $319,601 home should be assessed near $183,163.

Step 3 · Assessed value

$137,400

Set at the last town-wide revaluation and mostly frozen since. That's $45,763 below what the ratio math suggests (25.0%).

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

$5,838/yr
Public schools$3,060
Burlington County$791
Town of Riverside$1,987
Riverside average$6,253

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

Town median 48.6%
This home · 43.0%

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
412 LIPPINCOTT AVE2026-04$340,0001,36547.0%
315 RANCOCAS AVE2026-03$285,0001,31557.0%
513 JEFFERSON ST2026-03$200,0001,45289.3%
805 DELAWARE AVE2025-06$365,0001,35245.2%
629 POLK ST2025-12$314,5001,30849.4%
805 RANCOCAS AVE2025-04$350,0001,39247.3%
505 JEFFERSON ST2025-09$305,0001,31654.9%
208 CLEVELAND AVE2025-04$325,0001,34446.9%
117 HOOKER ST2025-08$210,0001,236101.8%
537 BRIDGEBORO ST2025-11$299,9001,22246.0%
316 LIPPINCOTT AVE2026-04$300,0001,36045.3%
618 ARNDT AVE2025-06$329,0001,56843.4%

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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 →