The Fair Share Report

228 Second St

Beverly, NJ 08046

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

≈ $285,759

Likely range $238,536 – $329,152, from 12 comparable Beverly sales in the past 18 months, at this home's 2,484 sq ft.

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 $285,759 home should be assessed near $168,398.

Step 3 · Assessed value

$145,300

Set at the last town-wide revaluation and mostly frozen since. That's $23,098 below what the ratio math suggests (13.7%).

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

$7,496/yr
Public schools$3,588
Burlington County$820
Town of Beverly$3,088
Beverly average$6,478

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

Town median 50.2%
This home · 50.8%

33%78%

Paying about right

This home's ratio lands inside Beverly'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
128 CHURCH ST2025-05$285,0002,46846.8%
128 CHURCH ST2025-03$237,0002,46856.2%
70 PINE ST2025-12$289,9002,52060.4%
434 JENNINGS ST2025-03$445,0002,38439.8%
230 COOPER ST2025-11$160,0002,13271.9%
505 JENNINGS ST2026-03$250,0002,76357.4%
155 WARREN ST2025-10$415,0002,23236.3%
517 BENTLEY AVE2025-09$230,0002,35264.2%
59 PINE ST2025-08$187,0001,77647.8%
424 JENNINGS ST2026-03$432,0003,48049.8%
619 COOPER STREET2025-09$470,0003,10738.5%
616 COOPER ST2025-08$225,0001,69845.5%

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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 →