The Fair Share Report

35 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

≈ $1,462,596

Likely range $1,339,451 – $1,845,754, 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 $1,462,596 home should be assessed near $1,391,221.

Step 3 · Assessed value

$1,695,600

Set at the last town-wide revaluation and mostly frozen since. That's $304,379 above what the ratio math suggests (21.9%).

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 $1.654 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$28,039/yr
Public schools$18,189
Somerset County$5,116
Town of Bernards$4,734
Bernards average$14,733

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

Town median 94.1%
This home · 115.9%

80%132%

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
54 BERTA PL2026-05$2,524,0004,28382.2%
205 DOUGLAS RD2025-05$1,627,0003,96695.7%
9 CROSS RD2025-01$1,075,0003,07298.0%
6 DOGWOOD WAY2026-01$925,0002,95081.6%
380 WHITENACK RD2025-05$1,390,0004,497101.2%
23 GALLOPING HILL RD2026-05$2,550,0004,30968.2%
12 WAYNE TER2026-05$1,375,0004,023104.0%
64 MORGAN LN2025-02$1,535,0004,56995.8%
209 LAKE RD2026-05$1,350,0003,61783.3%
142 ANNIN RD2025-01$1,105,0003,05396.7%
321 SOMERVILLE RD2025-05$1,868,5004,22095.6%
58 MORGAN LN2026-02$1,495,0004,67596.7%

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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 →