The Fair Share Report
2 Cannon Ct
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $941,545 – $1,168,496, from 12 comparable Bernards sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Bernards assessments sit below market value — republished every October, applied town-wide. A $1,045,838 home should be assessed near $994,801.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $205,601 below what the ratio math suggests (20.7%).
Step 4 · The tax rate — same for every Bernards home
$1.095 Schools · 65% $0.308 County · 18% $0.285 Town · 17%
This home's own bill implies $1.582 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Bernards sale · assessed ÷ market
62%105%
Keep quiet and enjoy it
This home's assessment ratio sits below the Bernards pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 34 GEORGETOWN CT | 2025-05 | $993,000 | 2,505 | 95.7% |
| 50 PATRIOT HILL DR | 2025-02 | $863,652 | 2,499 | 97.4% |
| 25 LIBERTY RIDGE RD | 2025-03 | $1,118,000 | 2,346 | 94.1% |
| 32 HANSOM RD | 2026-05 | $1,081,000 | 2,314 | 96.9% |
| 18 VANDERVEER DR | 2025-05 | $1,405,000 | 2,616 | 92.2% |
| 23 HANSOM RD | 2026-01 | $1,035,000 | 2,648 | 101.5% |
| 12 HANSOM RD | 2026-01 | $1,075,000 | 2,648 | 93.3% |
| 7 VANDERVEER DR | 2025-04 | $1,366,000 | 2,660 | 90.4% |
| 2 PRINCETON CT | 2025-06 | $1,100,000 | 2,731 | 94.7% |
| 266 PATRIOT HILL DR | 2026-05 | $915,000 | 2,112 | 94.0% |
| 14 HADLEY CT | 2026-01 | $950,000 | 2,746 | 92.5% |
| 64 LIBERTY RIDGE RD | 2026-05 | $1,220,000 | 2,710 | 91.7% |
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