The Fair Share Report
116 Constitution Way
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 $625,984 – $799,843, 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 $737,552 home should be assessed near $701,559.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $73,559 below what the ratio math suggests (10.5%).
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 $1.630 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
73%106%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 17 CLARK CT | 2026-05 | $750,000 | 1,928 | 86.5% |
| 82 CONSTITUTION WAY | 2026-04 | $804,000 | 1,928 | 96.2% |
| 14 PRESCOTT CT | 2025-03 | $700,000 | 1,928 | 98.0% |
| 32 MAYFLOWER DR | 2026-01 | $845,500 | 1,928 | 92.8% |
| 26 MAYFLOWER DR | 2025-04 | $762,000 | 1,928 | 96.3% |
| 13 CLARK CT | 2025-06 | $677,000 | 1,998 | 96.8% |
| 40 MAPLE RUN | 2025-02 | $606,000 | 1,892 | 98.2% |
| 5 VILLAGE DR | 2025-04 | $609,500 | 1,866 | 95.4% |
| 251 PATRIOT HILL DR | 2025-01 | $818,000 | 2,044 | 101.1% |
| 218 PATRIOT HILL DR | 2025-01 | $891,000 | 2,044 | 96.3% |
| 9 HARTLEY LN | 2026-05 | $925,000 | 2,107 | 97.4% |
| 1 BRADFORD LN | 2026-04 | $900,000 | 1,994 | 82.0% |
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