The Fair Share Report

22 Crest Dr

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

≈ $905,256

Likely range $822,221 – $1,019,412, 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 $905,256 home should be assessed near $861,080.

Step 3 · Assessed value

$920,600

Set at the last town-wide revaluation and mostly frozen since. That's $59,520 above what the ratio math suggests (6.9%).

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 $1.561 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$14,373/yr
Public schools$9,324
Somerset County$2,623
Town of Bernards$2,427
Bernards average$14,733

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

Town median 94.1%
This home · 101.7%

80%117%

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
4 VAN DORN RD2025-01$920,0002,18496.2%
47 FIELDSTONE DR2025-04$1,355,0002,43685.2%
81 ATLAS RD2026-05$1,230,0002,45590.1%
247 LYONS RD2026-03$920,0001,97293.0%
8 BEECHWOOD RD2026-06$1,000,0002,06077.0%
257 LYONS RD2025-02$925,0002,60097.8%
3 FAIRBANKS LN2025-02$695,0002,09690.3%
14 BRADFORD LN2026-04$935,0002,10888.5%
9 DEERFIELD CT2025-05$870,0002,10895.2%
134 SPENCER RD2026-05$1,100,0002,58285.8%
16 RIGGS CT2026-05$850,0002,18982.5%
31 ROBERTS CIR2025-04$725,0002,18992.5%

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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 →