The Fair Share Report

22 Cross 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

≈ $1,369,902

Likely range $1,149,201 – $1,550,415, 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 $1,369,902 home should be assessed near $1,303,051.

Step 3 · Assessed value

$1,195,800

Set at the last town-wide revaluation and mostly frozen since. That's $107,251 below what the ratio math suggests (8.2%).

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 $1.662 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$19,878/yr
Public schools$12,895
Somerset County$3,627
Town of Bernards$3,356
Bernards average$14,733

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

Town median 94.1%
This home · 87.3%

72%110%

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
92 SHANNON HILL RD2026-05$1,850,0003,33674.7%
33 JUNIPER WAY2026-04$1,400,0003,36296.4%
46 DEXTER DR N2025-03$880,0002,75895.1%
180 SOMERVILLE RD2025-03$449,00099.7%
70 SPRING HOUSE LN2025-04$1,540,0003,22793.1%
20 MANCHESTER DR2025-06$1,036,0332,79094.3%
14 PHEASANT RUN DR2025-06$1,750,0003,02485.0%
33 BRITTANY PL2025-06$1,450,0003,16893.9%
21 BRENTWOOD CT2026-01$1,650,0003,816100.8%
24 TALMADGE LN2025-06$1,921,0003,51584.2%
101 WEXFORD WAY2026-06$1,024,0002,51690.8%
200 WOODS END2025-05$1,675,0003,29091.2%

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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 →