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.

Step 1 · Market value

≈ $124,611

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

58.93%

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

$121,400

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

$4.956 per $100 assessed

$2.373 Schools · 48% $0.542 County · 11% $2.042 Town · 41%

Step 5 · The bill

$6,263/yr
Public schools$2,998
Burlington County$685
Town of Beverly$2,580
Beverly average$6,478

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

Town median 50.2%
This home · 97.4%

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)

AddressSoldPriceSq ftRatio
506 WHEATLEY AVE2025-11$130,00077277.9%
610 LEE AVE2026-03$223,0001,15449.5%
467 COOPER ST2025-06$275,0001,03651.2%
421 LEE AVE2026-01$215,0001,45854.4%
1045 ASHTON AVE2026-02$289,9001,60144.1%
111 DORY COURT2025-01$205,0001,37271.2%
41 PINE ST2025-06$350,0001,32635.7%

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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 →