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.

Step 2 · The Director's Ratio

58.93%

The state's official measure of how far Beverly assessments sit below market value — republished every October, applied town-wide.

Step 3 · Assessed value

$520,600

Set at the last town-wide revaluation and mostly frozen since.

Step 4 · The tax rate — same for every Beverly home

$4.956 per $100 assessed

$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

$25,011/yr
Public schools$11,973
Burlington County$2,735
Town of Beverly$10,303
Beverly average$6,478

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)

AddressSoldPriceSq ftRatio
19 RIVERBANK2025-06$975,0005,62849.1%
26 RIVERBANK2025-07$495,0004,11964.5%

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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 →