The Fair Share Report

239 Douglas 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

≈ $1,391,165

Likely range $1,149,108 – $1,569,070, 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 $1,391,165 home should be assessed near $1,323,276.

Step 3 · Assessed value

$1,580,500

Set at the last town-wide revaluation and mostly frozen since. That's $257,224 above what the ratio math suggests (19.4%).

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 $1.592 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$25,156/yr
Public schools$16,319
Somerset County$4,590
Town of Bernards$4,247
Bernards average$14,733

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

Town median 94.1%
This home · 113.6%

80%143%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $4,339/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
205 DOUGLAS RD2025-05$1,627,0003,96695.7%
142 ANNIN RD2025-01$1,105,0003,05396.7%
380 WHITENACK RD2025-05$1,390,0004,497101.2%
209 LAKE RD2026-05$1,350,0003,61783.3%
321 SOMERVILLE RD2025-05$1,868,5004,22095.6%
46 DEXTER DR N2025-03$880,0002,75895.1%
28 LAFAYETTE LN2026-04$1,360,0003,62291.5%
59 MANOR DR2026-05$1,550,9993,52785.5%
64 MORGAN LN2025-02$1,535,0004,56995.8%
33 JUNIPER WAY2026-04$1,400,0003,36296.4%
58 MORGAN LN2026-02$1,495,0004,67596.7%
10 LAFAYETTE LN2025-02$999,0003,39099.6%

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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 →