The Fair Share Report
127 Thackeray Dr
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 $700,705 – $1,083,951, 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 $919,579 home should be assessed near $874,704.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $121,196 above what the ratio math suggests (13.9%).
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 $1.572 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%148%
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 |
|---|---|---|---|---|
| 8 BEECHWOOD RD | 2026-06 | $1,000,000 | 2,060 | 77.0% |
| 4 VAN DORN RD | 2025-01 | $920,000 | 2,184 | 96.2% |
| 81 ATLAS RD | 2026-05 | $1,230,000 | 2,455 | 90.1% |
| 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% |
| 47 FIELDSTONE DR | 2025-04 | $1,355,000 | 2,436 | 85.2% |
| 11 N VOORHEES DR | 2025-06 | $1,094,445 | 2,315 | 95.7% |
| 3 FAIRBANKS LN | 2025-02 | $695,000 | 2,096 | 90.3% |
| 14 BRADFORD LN | 2026-04 | $935,000 | 2,108 | 88.5% |
| 9 DEERFIELD CT | 2025-05 | $870,000 | 2,108 | 95.2% |
| 115 BERKELEY CIR | 2026-05 | $1,275,000 | 2,454 | 88.6% |
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