The Fair Share Report

809 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

≈ $715,550

Likely range $624,835 – $815,171, from 11 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 $715,550 home should be assessed near $405,860.

Step 3 · Assessed value

$416,100

Set at the last town-wide revaluation and mostly frozen since. That's $10,240 above what the ratio math suggests (2.5%).

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

$17,006/yr
Public schools$10,423
Burlington County$2,259
Town of Riverton$4,323
Riverton average$10,219

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

Town median 49.4%
This home · 58.2%

36%72%

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
206 CARRIAGE HOUSE LANE2025-11$760,0002,95652.0%
901 THOMAS AVE2024-12$650,0003,62962.6%
601 EIGHTH ST2026-01$610,0002,75357.1%
909 CEDAR ST.2025-10$375,0001,96059.8%
100 MAIN ST2025-04$710,0003,42346.3%
808 THIRD ST2025-05$615,0002,62650.5%
800 MAIN ST2025-08$950,0004,49743.5%
105 MAIN ST2025-07$775,0003,61149.6%
804 MAIN ST2026-03$770,0002,98144.2%
713 MAIN STREET2025-09$705,0002,93552.4%
433 THOMAS AVENUE2025-07$299,0002,23487.4%

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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 →