The Fair Share Report

300 Broad St

Beverly, NJ 08096

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

≈ $262,482

Likely range $218,274 – $422,623, from 12 comparable Beverly sales in the past 18 months, at this home's 2,273 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 $262,482 home should be assessed near $154,681.

Step 3 · Assessed value

$135,400

Set at the last town-wide revaluation and mostly frozen since. That's $19,281 below what the ratio math suggests (12.5%).

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

$6,985/yr
Public schools$3,344
Burlington County$764
Town of Beverly$2,878
Beverly average$6,478

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

Town median 50.2%
This home · 51.6%

27%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
434 JENNINGS ST2025-03$445,0002,38439.8%
230 COOPER ST2025-11$160,0002,13271.9%
19 RAILROAD AVENUE2025-12$285,0001,80049.4%
128 CHURCH ST2025-05$285,0002,46846.8%
128 CHURCH ST2025-03$237,0002,46856.2%
228 SECOND ST2025-03$220,0002,48466.0%
70 PINE ST2025-12$289,9002,52060.4%
155 WARREN ST2025-10$415,0002,23236.3%
505 JENNINGS ST2026-03$250,0002,76357.4%
21 RAILROAD AVENUE2025-09$321,0001,53642.6%
616 COOPER ST2025-08$225,0001,69845.5%
59 PINE ST2025-08$187,0001,77647.8%

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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 →