The Fair Share Report

17 Pine St

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

≈ $607,329

Likely range $528,240 – $785,452, 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 $607,329 home should be assessed near $577,691.

Step 3 · Assessed value

$697,400

Set at the last town-wide revaluation and mostly frozen since. That's $119,709 above what the ratio math suggests (20.7%).

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 $1.586 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$11,061/yr
Public schools$7,176
Somerset County$2,018
Town of Bernards$1,868
Bernards average$14,733

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

Town median 94.1%
This home · 114.8%

80%137%

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
77 WOODSTONE RD2026-04$850,0001,61888.4%
317 S FINLEY AVE2026-06$740,3171,45291.4%
436 MT AIRY RD2026-02$790,0001,41691.8%
180 SOMERVILLE RD2025-03$449,00099.7%
494 KING GEORGE RD2026-05$570,0001,57295.9%
10 NANCY LN2025-04$650,0001,79293.8%
10 COUNTRYSIDE DR2025-05$495,0001,53494.2%
63 ASPEN DR2025-06$555,5551,44397.7%
62 ASPEN DR2025-04$592,0001,44385.4%
87 COUNTRYSIDE DR2025-05$505,0001,55696.3%
19 S ALWARD AVE2025-04$810,0001,66093.7%
19 CLARK CT2026-02$611,0001,498101.5%

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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 →