The Fair Share Report
800 Delaware Ave
Riverside, NJ 08075
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
This home's full record →Check another house →
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
Likely range $259,191 – $449,772, 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 $352,287 home should be assessed near $201,896.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $3,404 above what the ratio math suggests (1.7%).
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%85%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 131 LIPPINCOTT AVE | 2025-11 | $395,000 | 1,772 | 43.5% |
| 131 LIPPINCOTT AVE | 2025-07 | $255,000 | 1,772 | 67.4% |
| 131 LIPPINCOTT AVE | 2025-06 | $200,000 | 1,772 | 86.0% |
| 74 N CHESTER AVE | 2025-07 | $352,000 | 1,872 | 39.8% |
| 404 GREENWOOD AVE | 2026-01 | $360,000 | 1,840 | 42.1% |
| 705 ARNDT AVE | 2026-02 | $190,000 | 1,753 | 83.1% |
| 728 FILMORE ST | 2025-08 | $405,000 | 2,328 | 55.7% |
| 720 HARRISON ST | 2025-04 | $250,000 | 1,850 | 87.9% |
| 721 RANCOCAS AVE | 2025-10 | $445,000 | 2,100 | 52.9% |
| 742 ARNDT AVE | 2025-07 | $355,000 | 1,755 | 49.4% |
| 335 LIPPINCOTT AVE | 2025-09 | $312,000 | 1,926 | 54.8% |
| 302 E WASHINGTON ST | 2025-02 | $350,000 | 2,361 | 62.5% |
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