The Fair Share Report

906 Cedar St

Riverton, NJ 08077

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

Step 1 · Market value

≈ $681,278

Likely range $614,769 – $759,111, 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 $681,278 home should be assessed near $386,421.

Step 3 · Assessed value

$332,000

Set at the last town-wide revaluation and mostly frozen since. That's $54,421 below what the ratio math suggests (14.1%).

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

$13,569/yr
Public schools$8,317
Burlington County$1,803
Town of Riverton$3,449
Riverton average$10,219

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

Town median 49.4%
This home · 48.7%

36%71%

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

AddressSoldPriceSq ftRatio
601 EIGHTH ST2026-01$610,0002,75357.1%
713 MAIN STREET2025-09$705,0002,93552.4%
631 THOMAS AVE2025-03$650,0002,72146.0%
804 MAIN ST2026-03$770,0002,98144.2%
206 CARRIAGE HOUSE LANE2025-11$760,0002,95652.0%
109 PENN ST2026-03$620,0002,31245.6%
101 SEVENTH ST2026-01$425,0002,33959.8%
105 MAIN ST2025-07$775,0003,61149.6%
433 THOMAS AVENUE2025-07$299,0002,23487.4%
400 MAIN ST2026-01$677,7002,44649.6%
100 MAIN ST2025-04$710,0003,42346.3%
808 THIRD ST2025-05$615,0002,62650.5%

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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 →