The Fair Share Report

620 Main 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

≈ $385,603

Likely range $267,033 – $442,944, from 12 comparable Riverton sales in the past 18 months (home size estimated from assessor data — range widened).

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 $385,603 home should be assessed near $218,714.

Step 3 · Assessed value

$145,500

Set at the last town-wide revaluation and mostly frozen since. That's $73,214 below what the ratio math suggests (33.5%).

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

$5,947/yr
Public schools$3,645
Burlington County$790
Town of Riverton$1,512
Riverton average$10,219

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

Town median 49.4%
This home · 37.7%

27%71%

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
611 CINNAMINSON ST2025-11$372,0001,33238.5%
602 LIPPINCOTT AVE2025-11$291,8901,45948.4%
518 MAIN ST2025-08$350,0001,52147.2%
507 CINNAMINSON ST2025-11$280,0001,48250.8%
712 CINNAMINSON ST2025-05$460,0001,55840.8%
513 HOWARD ST2025-11$275,0001,48751.4%
401 SECOND ST2025-05$351,0001,50944.6%
629 THOMAS AVE2025-03$472,7001,28542.4%
713 CINNAMINSON ST2025-01$315,0001,16041.2%
8 LINDEN AVE2025-12$575,0001,48245.9%
517 CINNAMINSON ST2025-03$415,0001,52449.4%
15 CARRIAGE HOUSE LANE2025-12$480,0001,45243.9%

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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 →