The Fair Share Report

186 Lyons Rd

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

≈ $1,183,330

Likely range $1,045,984 – $1,226,068, 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 $1,183,330 home should be assessed near $1,125,583.

Step 3 · Assessed value

$1,186,000

Set at the last town-wide revaluation and mostly frozen since. That's $60,417 above what the ratio math suggests (5.4%).

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 $1.606 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$19,049/yr
Public schools$12,357
Somerset County$3,476
Town of Bernards$3,216
Bernards average$14,733

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

Town median 94.1%
This home · 100.2%

80%119%

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
18 VAN DORN RD2025-06$980,0002,888100.2%
56 TUXFORD TER2026-06$1,125,0002,80797.5%
36 DEBRA LN2026-05$1,302,0003,24177.8%
1273 MT AIRY RD2025-04$970,0002,75695.8%
257 LYONS RD2025-02$925,0002,60097.8%
9 PALMERSTON PL2025-04$1,100,0002,590107.2%
59 MANOR DR2026-05$1,550,9993,52785.5%
10 LAFAYETTE LN2025-02$999,0003,39099.6%
20 MANCHESTER DR2025-06$1,036,0332,79094.3%
81 ATLAS RD2026-05$1,230,0002,45590.1%
209 LAKE RD2026-05$1,350,0003,61783.3%
47 FIELDSTONE DR2025-04$1,355,0002,43685.2%

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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 →