The Fair Share Report

59 Pine St

Beverly, NJ 08629

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

≈ $223,815

Likely range $170,548 – $330,215, from 12 comparable Beverly sales in the past 18 months, at this home's 1,776 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 $223,815 home should be assessed near $131,894.

Step 3 · Assessed value

$89,400

Set at the last town-wide revaluation and mostly frozen since. That's $42,494 below what the ratio math suggests (32.2%).

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

$4,612/yr
Public schools$2,208
Burlington County$504
Town of Beverly$1,900
Beverly average$6,478

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

Town median 50.2%
This home · 39.9%

22%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
616 COOPER ST2025-08$225,0001,69845.5%
230 COOPER ST2025-11$160,0002,13271.9%
533 MELBOURNE AVE2025-09$162,0001,30065.6%
19 RAILROAD AVENUE2025-12$285,0001,80049.4%
41 PINE ST2025-06$350,0001,32635.7%
50 PINE ST2025-09$185,0001,46866.8%
50 PINE ST2025-08$140,0001,46888.2%
1063 DETWILER AVE2025-06$354,9001,79640.8%
605-607-611 BROAD ST2026-05$285,0001,88847.3%
603 SPRUCE ST2025-03$350,0001,28822.3%
70 PINE ST2025-12$289,9002,52060.4%
155 WARREN ST2025-10$415,0002,23236.3%

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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 →