The Fair Share Report
8 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $163,705 – $321,258, from 12 comparable Riverside sales in the past 18 months (home size estimated from assessor data — range widened).
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 $294,421 home should be assessed near $168,733.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $37,433 below what the ratio math suggests (22.2%).
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%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| KOSSUTH ST | 2025-12 | $288,000 | — | 14.4% |
| 316 LIPPINCOTT AVE | 2026-04 | $300,000 | 1,360 | 45.3% |
| 315 RANCOCAS AVE | 2026-03 | $285,000 | 1,315 | 57.0% |
| 413 DELAWARE AVE | 2025-10 | $162,750 | 1,344 | 59.7% |
| 805 DELAWARE AVE | 2025-06 | $365,000 | 1,352 | 45.2% |
| 412 LIPPINCOTT AVE | 2026-04 | $340,000 | 1,365 | 47.0% |
| 304 CLEVELAND AVE | 2025-08 | $296,000 | 1,312 | 43.4% |
| 304 CLEVELAND AVE | 2025-01 | $92,500 | 1,312 | 138.8% |
| 537 BRIDGEBORO ST | 2025-11 | $299,900 | 1,222 | 46.0% |
| 629 POLK ST | 2025-12 | $314,500 | 1,308 | 49.4% |
| 310 HEULINGS AVE | 2025-05 | $181,000 | 1,234 | 62.4% |
| 567 FAIRVIEW ST | 2025-11 | $275,000 | 1,200 | 44.9% |
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