The Fair Share Report

32 Laurel Ct

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

≈ $1,593,737

Likely range $1,338,042 – $2,122,007, 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 $1,593,737 home should be assessed near $1,515,963.

Step 3 · Assessed value

$1,462,200

Set at the last town-wide revaluation and mostly frozen since. That's $53,763 below what the ratio math suggests (3.5%).

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 $1.594 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$23,303/yr
Public schools$15,116
Somerset County$4,252
Town of Bernards$3,934
Bernards average$14,733

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

Town median 94.1%
This home · 91.7%

63%115%

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
23 GALLOPING HILL RD2026-05$2,550,0004,30968.2%
15 RIVERSIDE DR2025-06$1,851,0004,28194.5%
21 BRENTWOOD CT2026-01$1,650,0003,816100.8%
64 MORGAN LN2025-02$1,535,0004,56995.8%
92 SHANNON HILL RD2026-05$1,850,0003,33674.7%
105 ANNIN RD2026-03$2,400,0004,19373.1%
58 MORGAN LN2026-02$1,495,0004,67596.7%
33 JUNIPER WAY2026-04$1,400,0003,36296.4%
45 POND HILL RD2025-02$1,300,0003,37898.3%
209 LAKE RD2026-05$1,350,0003,61783.3%
19 CREST DR2025-05$1,505,0004,17694.6%
24 TALMADGE LN2025-06$1,921,0003,51584.2%

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 →