The Fair Share Report
3003 Hemlock Pl
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $423,624 – $504,238, from 12 comparable Bernards sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Bernards assessments sit below market value — republished every October, applied town-wide. A $467,928 home should be assessed near $445,093.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $66,093 below what the ratio math suggests (14.8%).
Step 4 · The tax rate — same for every Bernards home
$1.095 Schools · 65% $0.308 County · 18% $0.285 Town · 17%
Step 5 · The bill
This home vs. every recent Bernards sale · assessed ÷ market
70%105%
Keep quiet and enjoy it
This home's assessment ratio sits below the Bernards pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 3106 HEMLOCK PL | 2025-04 | $405,000 | 1,313 | 99.9% |
| 192 POTOMAC DR | 2026-04 | $410,000 | 1,200 | 103.9% |
| 2405 PRIVET WAY | 2026-02 | $450,000 | 1,313 | 91.0% |
| 2305 PRIVET WAY | 2026-01 | $405,000 | 1,313 | 98.8% |
| 2206 PRIVET WAY | 2025-02 | $465,000 | 1,313 | 96.2% |
| 168 POTOMAC DR | 2026-06 | $400,000 | 1,200 | 109.3% |
| 230 ARROWOOD WAY | 2026-06 | $615,000 | 1,357 | 90.1% |
| 217 ARROWOOD WAY | 2025-03 | $551,000 | 1,357 | 97.0% |
| 48 COMMONWEALTH DR | 2026-01 | $457,500 | 1,200 | 99.2% |
| 188 ALEXANDRIA WAY | 2025-05 | $446,000 | 1,200 | 98.8% |
| 227 ARROWOOD WAY | 2026-02 | $530,000 | 1,388 | 94.7% |
| 232 ARROWOOD WAY | 2025-04 | $550,000 | 1,388 | 95.7% |
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