The Fair Share Report

33 Flintlock 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

≈ $1,021,965

Likely range $871,084 – $1,078,019, 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 $1,021,965 home should be assessed near $972,093.

Step 3 · Assessed value

$1,098,000

Set at the last town-wide revaluation and mostly frozen since. That's $125,907 above what the ratio math suggests (13.0%).

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 $1.489 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$16,353/yr
Public schools$10,608
Somerset County$2,984
Town of Bernards$2,761
Bernards average$14,733

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

Town median 94.1%
This home · 107.4%

80%131%

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 $2,124/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
9 PALMERSTON PL2025-04$1,100,0002,590107.2%
101 WEXFORD WAY2026-06$1,024,0002,51690.8%
81 ATLAS RD2026-05$1,230,0002,45590.1%
257 LYONS RD2025-02$925,0002,60097.8%
115 BERKELEY CIR2026-05$1,275,0002,45488.6%
312 GRIST MILL DR2025-03$1,025,0002,59695.3%
56 TUXFORD TER2026-06$1,125,0002,80797.5%
1273 MT AIRY RD2025-04$970,0002,75695.8%
4 VAN DORN RD2025-01$920,0002,18496.2%
47 FIELDSTONE DR2025-04$1,355,0002,43685.2%
18 VAN DORN RD2025-06$980,0002,888100.2%
134 SPENCER RD2026-05$1,100,0002,58285.8%

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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 →