The Fair Share Report

104 Lyons Rd

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.

Step 1 · Market value

≈ $1,244,727

Likely range $1,145,382 – $1,441,264, from 12 comparable Bernards sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

95.12%

The state's official measure of how far Bernards assessments sit below market value — republished every October, applied town-wide. A $1,244,727 home should be assessed near $1,183,984.

Step 3 · Assessed value

$1,270,100

Set at the last town-wide revaluation and mostly frozen since. That's $86,116 above what the ratio math suggests (7.3%).

Step 4 · The tax rate — same for every Bernards home

$1.687 per $100 assessed

$1.095 Schools · 65% $0.308 County · 18% $0.285 Town · 17%

This home's own bill implies $1.583 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$20,104/yr
Public schools$13,041
Somerset County$3,668
Town of Bernards$3,394
Bernards average$14,733

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

Town median 94.1%
This home · 102.0%

80%116%

Paying about right

This home's ratio lands inside Bernards'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
9 CROSS RD2025-01$1,075,0003,07298.0%
6 DOGWOOD WAY2026-01$925,0002,95081.6%
180 SOMERVILLE RD2025-03$449,00099.7%
209 LAKE RD2026-05$1,350,0003,61783.3%
36 DEBRA LN2026-05$1,302,0003,24177.8%
54 BERTA PL2026-05$2,524,0004,28382.2%
92 SHANNON HILL RD2026-05$1,850,0003,33674.7%
59 MANOR DR2026-05$1,550,9993,52785.5%
33 JUNIPER WAY2026-04$1,400,0003,36296.4%
10 LAFAYETTE LN2025-02$999,0003,39099.6%
134 SPENCER RD2026-05$1,100,0002,58285.8%
28 LAFAYETTE LN2026-04$1,360,0003,62291.5%

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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 →