The Fair Share Report

707 Harrison St

Riverside, NJ 08075

The town catches up with market prices only once a year — and only based on the average change of all homes in the area. This report checks whether this house's assessment kept pace.

This home's payments are about right

It sits inside Riverside's normal range — market price changes haven't singled it out. No case for a tax appeal.

Step 1 · Market value

≈ $329,023

Likely range $317,174 – $443,475, from 12 comparable Riverside sales in the past 18 months, at this home's 1,568 sq ft.

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 $329,023 home should be assessed near $188,563.

Step 3 · Assessed value

$173,200

Set at the last town-wide revaluation and mostly frozen since. That's $15,363 below what the ratio math suggests (8.1%).

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

$7,109/yr
Public schools$3,727
Burlington County$963
Town of Riverside$2,420
Riverside average$6,253

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

Town median 48.6%
This home · 52.6%

34%81%

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
208 1/2 HOOKER ST2025-06$420,0001,48546.3%
801 TAYLOR ST2025-10$396,0001,43751.7%
618 ARNDT AVE2025-06$329,0001,56843.4%
508 WEEKS AVE2025-07$505,0001,64645.2%
718 RANCOCAS AVE2025-06$320,0001,52559.6%
418 HARRISON ST2025-06$390,0001,21944.7%
431 BEM ST2025-04$235,0001,58464.3%
640 BEM ST2026-03$396,0001,68040.9%
225 DELAWARE AVE2026-02$328,1001,61140.2%
204 SEVENTH STREET2025-01$273,0002,00453.9%
130 N FAIRVIEW ST2025-02$260,0001,66051.0%
742 ARNDT AVE2025-07$355,0001,75549.4%

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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 →