The Fair Share Report

38 Willow 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

≈ $771,090

Likely range $689,428 – $821,962, 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 $771,090 home should be assessed near $733,461.

Step 3 · Assessed value

$906,300

Set at the last town-wide revaluation and mostly frozen since. That's $172,839 above what the ratio math suggests (23.6%).

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 $1.631 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$14,778/yr
Public schools$9,587
Somerset County$2,697
Town of Bernards$2,495
Bernards average$14,733

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

Town median 94.1%
This home · 117.5%

80%137%

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 $2,916/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
17 CLARK CT2026-05$750,0001,92886.5%
82 CONSTITUTION WAY2026-04$804,0001,92896.2%
14 PRESCOTT CT2025-03$700,0001,92898.0%
32 MAYFLOWER DR2026-01$845,5001,92892.8%
26 MAYFLOWER DR2025-04$762,0001,92896.3%
13 CLARK CT2025-06$677,0001,99896.8%
1 BRADFORD LN2026-04$900,0001,99482.0%
40 MAPLE RUN2025-02$606,0001,89298.2%
35 ROBERTS CIR2026-04$727,0002,02286.0%
5 VILLAGE DR2025-04$609,5001,86695.4%
47 DEXTER DR N2026-06$900,0002,10881.8%
54 DEXTER DR N2025-06$880,0002,10896.4%

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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 →