The Fair Share Report
528 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $124,611 – $142,998, from 7 comparable Beverly sales in the past 18 months, at this home's 740 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Beverly assessments sit below market value — republished every October, applied town-wide. A $124,611 home should be assessed near $73,433.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $47,967 above what the ratio math suggests (65.3%).
Step 4 · The tax rate — same for every Beverly home
$2.373 Schools · 48% $0.542 County · 11% $2.042 Town · 41%
Step 5 · The bill
This home vs. every recent Beverly sale · assessed ÷ market
33%103%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (67.77%) — roughly $2,377/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 506 WHEATLEY AVE | 2025-11 | $130,000 | 772 | 77.9% |
| 610 LEE AVE | 2026-03 | $223,000 | 1,154 | 49.5% |
| 467 COOPER ST | 2025-06 | $275,000 | 1,036 | 51.2% |
| 421 LEE AVE | 2026-01 | $215,000 | 1,458 | 54.4% |
| 1045 ASHTON AVE | 2026-02 | $289,900 | 1,601 | 44.1% |
| 111 DORY COURT | 2025-01 | $205,000 | 1,372 | 71.2% |
| 41 PINE ST | 2025-06 | $350,000 | 1,326 | 35.7% |
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