The Fair Share Report

19 Ash 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

≈ $596,513

Likely range $515,443 – $655,679, 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 $596,513 home should be assessed near $567,403.

Step 3 · Assessed value

$720,000

Set at the last town-wide revaluation and mostly frozen since. That's $152,597 above what the ratio math suggests (26.9%).

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 $1.600 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$11,519/yr
Public schools$7,472
Somerset County$2,102
Town of Bernards$1,945
Bernards average$14,733

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

Town median 94.1%
This home · 120.7%

80%145%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $2,574/yr at stake. NJ appeals are generally due April 1.

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%
436 MT AIRY RD2026-02$790,0001,41691.8%
212 W OAK ST2026-05$590,0001,32688.4%
494 KING GEORGE RD2026-05$570,0001,57295.9%
506 LYONS RD2026-05$688,3001,64893.1%
117 W OAK ST2025-04$601,0001,29698.8%
63 ASPEN DR2025-06$555,5551,44397.7%
62 ASPEN DR2025-04$592,0001,44385.4%
10 NANCY LN2025-04$650,0001,79293.8%
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 →