The Fair Share Report

20 Pine 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 1 · Market value

≈ $350,000

Likely range $220,000 – $445,000, from 12 comparable Beverly sales in the past 18 months.

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. A $350,000 home should be assessed near $206,255.

Step 3 · Assessed value

$36,300

Set at the last town-wide revaluation and mostly frozen since. That's $169,955 below what the ratio math suggests (82.4%).

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%

Step 5 · The bill

$1,873/yr
Public schools$897
Burlington County$205
Town of Beverly$771
Beverly average$6,478

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

Town median 50.2%
This home · 10.4%

3%78%

Keep quiet and enjoy it

This home's assessment ratio sits below the Beverly pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

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

AddressSoldPriceSq ftRatio
424 JENNINGS ST2026-03$432,0003,48049.8%
434 JENNINGS ST2025-03$445,0002,38439.8%
505 JENNINGS ST2026-03$250,0002,76357.4%
521 SPRUCE ST2025-11$175,0001,31550.2%
228 SECOND ST2025-03$220,0002,48466.0%
155 WARREN ST2025-10$415,0002,23236.3%
128 CHURCH ST2025-05$285,0002,46846.8%
128 CHURCH ST2025-03$237,0002,46856.2%
230 COOPER ST2025-11$160,0002,13271.9%
41 PINE ST2025-06$350,0001,32635.7%
70 PINE ST2025-12$289,9002,52060.4%
533 MELBOURNE AVE2025-09$162,0001,30065.6%

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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 →