The Fair Share Report
116 S Maple Ave
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 $329,312 – $383,351, 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 $361,579 home should be assessed near $343,934.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $80,266 above what the ratio math suggests (23.3%).
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 $1.643 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%134%
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 $1,354/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 81 STONEHOUSE RD | 2025-05 | $370,000 | 1,024 | 98.1% |
| 17 COUNTRYSIDE DR | 2025-04 | $360,000 | 892 | 77.3% |
| 32 COUNTRYSIDE DR | 2025-03 | $290,000 | 892 | 99.8% |
| 78 POTOMAC DR | 2026-04 | $380,000 | 950 | 96.1% |
| 138 POTOMAC DR | 2026-02 | $370,000 | 950 | 94.8% |
| 14 SMITHFIELD CT | 2025-06 | $395,000 | 950 | 90.6% |
| 34 JAMESTOWN RD | 2025-04 | $375,000 | 950 | 92.4% |
| 22 ALEXANDRIA WAY | 2025-04 | $425,000 | 950 | 95.4% |
| 80 JAMESTOWN RD | 2025-01 | $365,000 | 950 | 103.5% |
| 30 COUNTRYSIDE DR | 2026-05 | $325,000 | 856 | 84.7% |
| 40 COUNTRYSIDE DR | 2025-01 | $300,000 | 856 | 98.6% |
| 1 POTOMAC DR | 2026-02 | $310,000 | 850 | 100.8% |
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