The Fair Share Report

17 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

≈ $699,258

Likely range $596,803 – $844,612, 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 $699,258 home should be assessed near $665,134.

Step 3 · Assessed value

$707,600

Set at the last town-wide revaluation and mostly frozen since. That's $42,466 above what the ratio math suggests (6.4%).

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 $1.566 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$11,080/yr
Public schools$7,188
Somerset County$2,022
Town of Bernards$1,871
Bernards average$14,733

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

Town median 94.1%
This home · 101.2%

78%124%

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
22 DAYTON ST2026-01$669,0001,61490.6%
22 DAYTON ST2025-03$645,0001,61494.0%
19 S ALWARD AVE2025-04$810,0001,66093.7%
10 NANCY LN2025-04$650,0001,79293.8%
506 LYONS RD2026-05$688,3001,64893.1%
494 KING GEORGE RD2026-05$570,0001,57295.9%
77 WOODSTONE RD2026-04$850,0001,61888.4%
436 MT AIRY RD2026-02$790,0001,41691.8%
15 DEXTER DR N2026-02$900,0001,68482.5%
212 W OAK ST2026-05$590,0001,32688.4%
10 VALLEY VIEW DR2025-03$565,0001,66495.8%
27 WOODSTONE RD2026-03$1,370,0002,53281.3%

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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 →