The dam was built by the city of Remscheid between 1905 and 1908[1] as a drinking water dam. Several stone tools from the Stone Age were found.
The capacity is six million cubic meters. The Neye stream is dammed. The dam is a curved gravity dam made of quarry stone masonry according to the Intze principle.
The reservoir can be hiked around in about three hours. The paths run directly along the water and lead exclusively through the forest. The shortest route to circumnavigate the dam is around eleven kilometers long and is very popular with joggers and walkers. The larger Bevertalsperre and the small Schevelinger or Silbertalsperre are very close by. An underground tunnel leads from the Silbertalsperre to the Neyetalsperre and from there to the Bevertalsperre, known as the Bever Block. The dam, which was built as a drinking water dam and has been used for many years, has been operated as a process water dam since 2004. Drinking water should only be taken from it again in the event of an acute water shortage.