The Fair Share Report

641 Walton Ave

Beverly, NJ 08046

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

≈ $158,382

Likely range $132,092 – $221,523, from 12 comparable Beverly sales in the past 18 months, at this home's 1,060 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 $158,382 home should be assessed near $93,335.

Step 3 · Assessed value

$58,300

Set at the last town-wide revaluation and mostly frozen since. That's $35,035 below what the ratio math suggests (37.5%).

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

$3,008/yr
Public schools$1,440
Burlington County$329
Town of Beverly$1,239
Beverly average$6,478

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

Town median 50.2%
This home · 36.8%

21%78%

Keep quiet and enjoy it

This home's assessment ratio sits below the Beverly pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
603 SPRUCE ST2025-03$350,0001,28822.3%
521 SPRUCE ST2025-11$175,0001,31550.2%
533 MELBOURNE AVE2025-09$162,0001,30065.6%
41 PINE ST2025-06$350,0001,32635.7%
50 PINE ST2025-09$185,0001,46866.8%
50 PINE ST2025-08$140,0001,46888.2%
610 LEE AVE2026-03$223,0001,15449.5%
616 COOPER ST2025-08$225,0001,69845.5%
467 COOPER ST2025-06$275,0001,03651.2%
59 PINE ST2025-08$187,0001,77647.8%
111 DORY COURT2025-01$205,0001,37271.2%
21 RAILROAD AVENUE2025-09$321,0001,53642.6%

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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 →