The Fair Share Report

355 Mountain Rd

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

≈ $1,419,422

Likely range $1,209,087 – $1,584,474, 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 $1,419,422 home should be assessed near $1,350,154.

Step 3 · Assessed value

$1,554,200

Set at the last town-wide revaluation and mostly frozen since. That's $204,046 above what the ratio math suggests (15.1%).

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 $1.565 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$24,324/yr
Public schools$15,779
Somerset County$4,438
Town of Bernards$4,107
Bernards average$14,733

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

Town median 94.1%
This home · 109.5%

80%134%

A touch high — worth watching

This home's ratio sits above most of Bernards, but doesn't clear NJ's legal appeal line (100.00%).

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

AddressSoldPriceSq ftRatio
205 DOUGLAS RD2025-05$1,627,0003,96695.7%
142 ANNIN RD2025-01$1,105,0003,05396.7%
209 LAKE RD2026-05$1,350,0003,61783.3%
321 SOMERVILLE RD2025-05$1,868,5004,22095.6%
380 WHITENACK RD2025-05$1,390,0004,497101.2%
92 WHITENACK RD2026-01$944,9712,51695.5%
28 LAFAYETTE LN2026-04$1,360,0003,62291.5%
59 MANOR DR2026-05$1,550,9993,52785.5%
54 BERTA PL2026-05$2,524,0004,28382.2%
46 DEXTER DR N2025-03$880,0002,75895.1%
64 MORGAN LN2025-02$1,535,0004,56995.8%
12 WAYNE TER2026-05$1,375,0004,023104.0%

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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 →