The Fair Share Report

1675 River Rd

Bedminster, NJ 07931

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 2 · The Director's Ratio

99.24%

The state's official measure of how far Bedminster assessments sit below market value — republished every October, applied town-wide.

Step 3 · Assessed value

$1,790,700

Set at the last town-wide revaluation and mostly frozen since.

Step 4 · The tax rate — same for every Bedminster home

$1.204 per $100 assessed

$0.618 Schools · 51% $0.301 County · 25% $0.285 Town · 24%

This home's own bill implies $1.135 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$20,324/yr
Public schools$10,432
Somerset County$5,081
Town of Bedminster$4,811
Bedminster average$6,840

The record, in full

Not enough closely-comparable recent sales in Bedminster for a fairness verdict — the town's current median assessment ratio is 92.2%.

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

AddressSoldPriceSq ftRatio
12 LAOMATONG WAY2026-02$1,515,0005,944101.4%
122 JANELLE COURT2026-01$1,200,0006,790100.0%
561 HOLLAND ROAD2025-04$1,380,0005,397100.0%

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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 →