The Fair Share Report

25 Georgetown Ct

Bernards, NJ 07920

The town catches up with market prices only once a year — and only based on the average change of all homes in the area. This report checks whether this house's assessment kept pace.

This home's payments are about right

It sits inside Bernards's normal range — market price changes haven't singled it out. No case for a tax appeal.

Step 1 · Market value

≈ $1,052,266

Likely range $1,006,338 – $1,266,886, 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 $1,052,266 home should be assessed near $1,000,915.

Step 3 · Assessed value

$1,012,300

Set at the last town-wide revaluation and mostly frozen since. That's $11,385 above what the ratio math suggests (1.1%).

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 $1.581 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$16,009/yr
Public schools$10,385
Somerset County$2,921
Town of Bernards$2,703
Bernards average$14,733

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

Town median 94.1%
This home · 96.2%

74%106%

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

AddressSoldPriceSq ftRatio
12 HANSOM RD2026-01$1,075,0002,64893.3%
23 HANSOM RD2026-01$1,035,0002,648101.5%
18 VANDERVEER DR2025-05$1,405,0002,61692.2%
32 HANSOM RD2026-05$1,081,0002,31496.9%
25 LIBERTY RIDGE RD2025-03$1,118,0002,34694.1%
34 GEORGETOWN CT2025-05$993,0002,50595.7%
14 HADLEY CT2026-01$950,0002,74692.5%
64 LIBERTY RIDGE RD2026-05$1,220,0002,71091.7%
7 VANDERVEER DR2025-04$1,366,0002,66090.4%
7 WATCHUNG DR2026-06$1,259,0003,02592.8%
46 DEXTER DR N2025-03$880,0002,75895.1%
2 PRINCETON CT2025-06$1,100,0002,73194.7%

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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 →