The Fair Share Report

111 Cross 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

≈ $775,833

Likely range $645,991 – $875,557, 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 $775,833 home should be assessed near $737,972.

Step 3 · Assessed value

$852,400

Set at the last town-wide revaluation and mostly frozen since. That's $114,428 above what the ratio math suggests (15.5%).

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 $1.592 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$13,573/yr
Public schools$8,805
Somerset County$2,477
Town of Bernards$2,292
Bernards average$14,733

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

Town median 94.1%
This home · 109.9%

80%137%

A touch high — worth watching

This home's ratio sits above most of Bernards, but doesn't clear NJ's legal appeal line (100.00%).

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

AddressSoldPriceSq ftRatio
247 LYONS RD2026-03$920,0001,97293.0%
1 BRADFORD LN2026-04$900,0001,99482.0%
13 CLARK CT2025-06$677,0001,99896.8%
17 CLARK CT2026-05$750,0001,92886.5%
82 CONSTITUTION WAY2026-04$804,0001,92896.2%
32 MAYFLOWER DR2026-01$845,5001,92892.8%
26 MAYFLOWER DR2025-04$762,0001,92896.3%
14 PRESCOTT CT2025-03$700,0001,92898.0%
35 ROBERTS CIR2026-04$727,0002,02286.0%
40 MAPLE RUN2025-02$606,0001,89298.2%
5 VILLAGE DR2025-04$609,5001,86695.4%
3 FAIRBANKS LN2025-02$695,0002,09690.3%

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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 →