The Fair Share Report
2 Walnut St
Beverly, NJ 08010
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 2 · The Director's Ratio
The state's official measure of how far Beverly assessments sit below market value — republished every October, applied town-wide.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since.
Step 4 · The tax rate — same for every Beverly home
$2.373 Schools · 48% $0.542 County · 11% $2.042 Town · 41%
This home's own bill implies $4.804 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
The record, in full
Not enough closely-comparable recent sales in Beverly for a fairness verdict — the town's current median assessment ratio is 50.2%.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 19 RIVERBANK | 2025-06 | $975,000 | 5,628 | 49.1% |
| 26 RIVERBANK | 2025-07 | $495,000 | 4,119 | 64.5% |
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