The Fair Share Report
1 Exeter Rd
Bedminster, NJ 07921
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 $671,249 – $847,195, from 12 comparable Bedminster sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Bedminster assessments sit below market value — republished every October, applied town-wide. A $739,843 home should be assessed near $734,220.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $120,020 below what the ratio math suggests (16.3%).
Step 4 · The tax rate — same for every Bedminster home
$0.618 Schools · 51% $0.301 County · 25% $0.285 Town · 24%
This home's own bill implies $1.136 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Bedminster sale · assessed ÷ market
67%107%
Paying about right
This home's ratio lands inside Bedminster's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 635 BURNT MILLS ROAD | 2025-02 | $775,000 | 1,907 | 98.3% |
| 5 BRIGHTWOOD LANE | 2025-04 | $740,000 | 1,878 | 97.2% |
| 1204 TIMBERBROOKE DRIVE | 2026-05 | $710,000 | 1,944 | 91.9% |
| 42 STONE RUN ROAD | 2026-06 | $565,000 | 1,812 | 93.9% |
| 92 STONE RUN ROAD | 2026-03 | $625,000 | 1,812 | 86.1% |
| 22 OAK KNOLL LANE | 2026-02 | $700,000 | 1,915 | 91.9% |
| 28 HEATHERWOOD LANE | 2025-04 | $650,000 | 1,915 | 97.0% |
| 10 SMOKE RISE LANE | 2025-03 | $950,000 | 2,350 | 89.7% |
| 12 STONE RUN ROAD | 2025-05 | $528,900 | 1,735 | 99.7% |
| 13 SPENCER LANE | 2026-05 | $770,000 | 1,733 | 88.0% |
| 2 BERKLEY LANE | 2026-01 | $715,000 | 1,704 | 104.1% |
| 1 ARTILLERY PARK ROAD | 2025-01 | $533,000 | 1,717 | 100.4% |
Is this your house?
Run your own report →