The Fair Share Report
10 Cedar St
Bernards, NJ 07920
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 $740,042 – $985,489, from 12 comparable Bernards 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 Bernards assessments sit below market value — republished every October, applied town-wide. A $947,177 home should be assessed near $900,955.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $121,945 above what the ratio math suggests (13.5%).
Step 4 · The tax rate — same for every Bernards home
$1.095 Schools · 65% $0.308 County · 18% $0.285 Town · 17%
This home's own bill implies $1.579 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Bernards sale · assessed ÷ market
80%144%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $2,057/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 26 HILLSIDE TER | 2025-06 | $950,000 | 2,324 | 96.3% |
| 27 WOODSTONE RD | 2026-03 | $1,370,000 | 2,532 | 81.3% |
| 506 LYONS RD | 2026-05 | $688,300 | 1,648 | 93.1% |
| 16 RIGGS CT | 2026-05 | $850,000 | 2,189 | 82.5% |
| 31 ROBERTS CIR | 2025-04 | $725,000 | 2,189 | 92.5% |
| 29 ROBERTS CIR | 2025-03 | $735,000 | 2,189 | 95.0% |
| 11 N VOORHEES DR | 2025-06 | $1,094,445 | 2,315 | 95.7% |
| 22 DAYTON ST | 2026-01 | $669,000 | 1,614 | 90.6% |
| 22 DAYTON ST | 2025-03 | $645,000 | 1,614 | 94.0% |
| 47 DEXTER DR N | 2026-06 | $900,000 | 2,108 | 81.8% |
| 14 BRADFORD LN | 2026-04 | $935,000 | 2,108 | 88.5% |
| 54 DEXTER DR N | 2025-06 | $880,000 | 2,108 | 96.4% |
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