The Fair Share Report

14 Brook 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.

Step 1 · Market value

≈ $658,343

Likely range $537,962 – $768,571, 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 $658,343 home should be assessed near $626,216.

Step 3 · Assessed value

$715,500

Set at the last town-wide revaluation and mostly frozen since. That's $89,284 above what the ratio math suggests (14.3%).

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 $1.616 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$11,563/yr
Public schools$7,501
Somerset County$2,110
Town of Bernards$1,952
Bernards average$14,733

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

Town median 94.1%
This home · 108.7%

80%138%

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)

AddressSoldPriceSq ftRatio
506 LYONS RD2026-05$688,3001,64893.1%
19 S ALWARD AVE2025-04$810,0001,66093.7%
22 DAYTON ST2026-01$669,0001,61490.6%
22 DAYTON ST2025-03$645,0001,61494.0%
10 NANCY LN2025-04$650,0001,79293.8%
7 VALLEY VIEW DR2026-06$600,0001,81690.5%
28 VALLEY VIEW DR2025-04$551,0001,81695.7%
26 HAMPTON CT2026-03$857,5001,68087.9%
333 PENNS WAY2026-06$545,0001,78094.1%
333 PENNS WAY2025-02$535,0001,78095.8%
5 VILLAGE DR2025-04$609,5001,86695.4%
60 WOODWARD LN2026-06$535,0001,76489.5%

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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 →