The Fair Share Report

429 Cramer Ave

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

≈ $290,225

Likely range $233,279 – $367,200, from 12 comparable Beverly sales in the past 18 months (home size estimated from assessor data — range widened).

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 $290,225 home should be assessed near $171,030.

Step 3 · Assessed value

$135,200

Set at the last town-wide revaluation and mostly frozen since. That's $35,830 below what the ratio math suggests (20.9%).

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

$6,725/yr
Public schools$3,219
Burlington County$735
Town of Beverly$2,770
Beverly average$6,478

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

Town median 50.2%
This home · 46.6%

31%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
1063 DETWILER AVE2025-06$354,9001,79640.8%
1045 ASHTON AVE2026-02$289,9001,60144.1%
421 LEE AVE2026-01$215,0001,45854.4%
605-607-611 BROAD ST2026-05$285,0001,88847.3%
155 WARREN ST2025-10$415,0002,23236.3%
59 PINE ST2025-08$187,0001,77647.8%
517 BENTLEY AVE2025-09$230,0002,35264.2%
610 LEE AVE2026-03$223,0001,15449.5%
19 RAILROAD AVENUE2025-12$285,0001,80049.4%
616 COOPER ST2025-08$225,0001,69845.5%
161 WARREN ST2025-08$212,0001,95072.3%
111 DORY COURT2025-01$205,0001,37271.2%

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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 →