The Fair Share Report

30 E Craig St

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

≈ $1,079,851

Likely range $1,006,843 – $1,183,513, 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 $1,079,851 home should be assessed near $1,027,154.

Step 3 · Assessed value

$1,292,400

Set at the last town-wide revaluation and mostly frozen since. That's $265,246 above what the ratio math suggests (25.8%).

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 $1.620 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$20,931/yr
Public schools$13,578
Somerset County$3,819
Town of Bernards$3,534
Bernards average$14,733

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

Town median 94.1%
This home · 119.7%

80%134%

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 $4,475/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
180 SOMERVILLE RD2025-03$449,00099.7%
20 MANCHESTER DR2025-06$1,036,0332,79094.3%
18 VAN DORN RD2025-06$980,0002,888100.2%
312 GRIST MILL DR2025-03$1,025,0002,59695.3%
56 TUXFORD TER2026-06$1,125,0002,80797.5%
9 CROSS RD2025-01$1,075,0003,07298.0%
1273 MT AIRY RD2025-04$970,0002,75695.8%
46 DEXTER DR N2025-03$880,0002,75895.1%
92 SHANNON HILL RD2026-05$1,850,0003,33674.7%
33 JUNIPER WAY2026-04$1,400,0003,36296.4%
6 DOGWOOD WAY2026-01$925,0002,95081.6%
257 LYONS RD2025-02$925,0002,60097.8%

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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 →