The Fair Share Report

32 Benedict Cres

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

≈ $1,285,220

Likely range $1,188,014 – $1,466,459, 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 $1,285,220 home should be assessed near $1,222,501.

Step 3 · Assessed value

$1,211,200

Set at the last town-wide revaluation and mostly frozen since. That's $11,301 below what the ratio math suggests (0.9%).

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 $1.598 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$19,358/yr
Public schools$12,557
Somerset County$3,532
Town of Bernards$3,268
Bernards average$14,733

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

Town median 94.1%
This home · 94.2%

77%107%

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
7 WATCHUNG DR2026-06$1,259,0003,02592.8%
41 DICKINSON RD2026-02$1,325,0003,40388.1%
12 HANSOM RD2026-01$1,075,0002,64893.3%
9 WELLINGTON DR2026-06$1,510,0002,93894.6%
45 DICKINSON RD2025-03$1,125,0003,21799.9%
14 HADLEY CT2026-01$950,0002,74692.5%
23 HANSOM RD2026-01$1,035,0002,648101.5%
18 VANDERVEER DR2025-05$1,405,0002,61692.2%
64 LIBERTY RIDGE RD2026-05$1,220,0002,71091.7%
46 DEXTER DR N2025-03$880,0002,75895.1%
10 HAMILTON RD2026-04$1,451,0003,14286.1%
12 SENTINEL DR2026-04$1,400,0003,408100.7%

Is this your house?

Run your own report →

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 →