The Fair Share Report
18 Exeter Rd
Bedminster, NJ 07921
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $575,000 – $633,106, from 12 comparable Bedminster sales in the past 18 months, at this home's 1,484 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Bedminster assessments sit below market value — republished every October, applied town-wide. A $609,000 home should be assessed near $604,372.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $75,172 below what the ratio math suggests (12.4%).
Step 4 · The tax rate — same for every Bedminster home
$0.618 Schools · 51% $0.301 County · 25% $0.285 Town · 24%
This home's own bill implies $1.150 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Bedminster sale · assessed ÷ market
78%107%
Paying about right
This home's ratio lands inside Bedminster's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 35 CAMBRIDGE ROAD | 2026-05 | $609,000 | 1,484 | 84.6% |
| 46 ETON COURT | 2026-01 | $575,000 | 1,484 | 93.5% |
| 22 STONE RUN ROAD | 2026-04 | $657,500 | 1,465 | 85.3% |
| 21 STONE RUN ROAD | 2026-03 | $625,000 | 1,465 | 89.0% |
| 13 ETON COURT | 2026-01 | $590,000 | 1,429 | 93.3% |
| 17 MALLARD LANE | 2026-03 | $560,000 | 1,464 | 92.2% |
| 4 MALLARD LANE | 2025-02 | $538,800 | 1,464 | 96.1% |
| 80 NORTH EDGEWOOD ROAD | 2026-04 | $715,000 | 1,556 | 81.8% |
| 1003 TIMBERBROOKE DRIVE | 2025-04 | $615,000 | 1,488 | 84.4% |
| 12 ARTILLERY PARK ROAD | 2025-06 | $590,000 | 1,481 | 93.5% |
| 22 HEATHERWOOD LANE | 2025-02 | $610,000 | 1,517 | 95.3% |
| 74 ACADEMY COURT | 2026-04 | $540,000 | 1,359 | 90.3% |
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