The Fair Share Report

2 Emily Rd

Bernards, NJ 07931

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

≈ $2,172,687

Likely range $1,638,153 – $2,350,999, 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 $2,172,687 home should be assessed near $2,066,660.

Step 3 · Assessed value

$2,053,500

Set at the last town-wide revaluation and mostly frozen since. That's $13,160 below what the ratio math suggests (0.6%).

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 $1.497 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$30,747/yr
Public schools$19,945
Somerset County$5,610
Town of Bernards$5,191
Bernards average$14,733

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

Town median 94.1%
This home · 94.5%

80%131%

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
108 EMILY RD2025-06$2,550,0005,51289.5%
58 MORGAN LN2026-02$1,495,0004,67596.7%
35 PRIMROSE LN2026-01$2,772,0005,66886.2%
64 MORGAN LN2025-02$1,535,0004,56995.8%
380 WHITENACK RD2025-05$1,390,0004,497101.2%
24 CHELSEA CT2026-04$2,175,0005,13496.9%
45 BUTTERNUT LN2026-03$2,140,0006,26393.9%
10 OWENS CT2025-05$1,950,0004,64893.5%
23 GALLOPING HILL RD2026-05$2,550,0004,30968.2%
25 CARRIAGE WAY2026-05$2,454,0005,31890.2%
15 RIVERSIDE DR2025-06$1,851,0004,28194.5%
105 ANNIN RD2026-03$2,400,0004,19373.1%

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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 →