The Fair Share Report

139 Berkeley Cir

Bernards, NJ 07945

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

≈ $652,889

Likely range $594,214 – $851,225, 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 $652,889 home should be assessed near $621,028.

Step 3 · Assessed value

$968,200

Set at the last town-wide revaluation and mostly frozen since. That's $347,172 above what the ratio math suggests (55.9%).

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 $1.555 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$15,057/yr
Public schools$9,767
Somerset County$2,747
Town of Bernards$2,542
Bernards average$14,733

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

Town median 94.1%
This home · 148.3%

80%168%

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 $5,857/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
1 BRADFORD LN2026-04$900,0001,99482.0%
35 ROBERTS CIR2026-04$727,0002,02286.0%
40 MAPLE RUN2025-02$606,0001,89298.2%
3 FAIRBANKS LN2025-02$695,0002,09690.3%
5 VILLAGE DR2025-04$609,5001,86695.4%
7 VALLEY VIEW DR2026-06$600,0001,81690.5%
28 VALLEY VIEW DR2025-04$551,0001,81695.7%
14 BRADFORD LN2026-04$935,0002,10888.5%
9 DEERFIELD CT2025-05$870,0002,10895.2%
47 DEXTER DR N2026-06$900,0002,10881.8%
54 DEXTER DR N2025-06$880,0002,10896.4%
20 DEXTER DR S2025-04$630,0002,108101.4%

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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 →