The Fair Share Report

23 Forest Trl

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

≈ $723,327

Likely range $576,339 – $910,850, 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 $723,327 home should be assessed near $688,029.

Step 3 · Assessed value

$819,000

Set at the last town-wide revaluation and mostly frozen since. That's $130,971 above what the ratio math suggests (19.0%).

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 $1.608 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$13,173/yr
Public schools$8,545
Somerset County$2,404
Town of Bernards$2,224
Bernards average$14,733

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

Town median 94.1%
This home · 113.2%

80%148%

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
10 NANCY LN2025-04$650,0001,79293.8%
19 S ALWARD AVE2025-04$810,0001,66093.7%
22 DAYTON ST2026-01$669,0001,61490.6%
22 DAYTON ST2025-03$645,0001,61494.0%
494 KING GEORGE RD2026-05$570,0001,57295.9%
8 BEECHWOOD RD2026-06$1,000,0002,06077.0%
77 WOODSTONE RD2026-04$850,0001,61888.4%
7 VALLEY VIEW DR2026-06$600,0001,81690.5%
28 VALLEY VIEW DR2025-04$551,0001,81695.7%
27 WOODSTONE RD2026-03$1,370,0002,53281.3%
436 MT AIRY RD2026-02$790,0001,41691.8%
506 LYONS RD2026-05$688,3001,64893.1%

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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 →