The Fair Share Report

39 Crest Dr

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

≈ $529,576

Likely range $521,429 – $649,623, from 12 comparable Bernards sales in the past 18 months, at this home's 1,460 sq ft.

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 $529,576 home should be assessed near $503,733.

Step 3 · Assessed value

$806,900

Set at the last town-wide revaluation and mostly frozen since. That's $303,167 above what the ratio math suggests (60.2%).

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 $1.487 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$11,995/yr
Public schools$7,781
Somerset County$2,189
Town of Bernards$2,025
Bernards average$14,733

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

Town median 94.1%
This home · 152.4%

80%160%

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 $5,114/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
436 MT AIRY RD2026-02$790,0001,41691.8%
494 KING GEORGE RD2026-05$570,0001,57295.9%
317 S FINLEY AVE2026-06$740,3171,45291.4%
63 ASPEN DR2025-06$555,5551,44397.7%
62 ASPEN DR2025-04$592,0001,44385.4%
212 W OAK ST2026-05$590,0001,32688.4%
77 WOODSTONE RD2026-04$850,0001,61888.4%
10 NANCY LN2025-04$650,0001,79293.8%
10 COUNTRYSIDE DR2025-05$495,0001,53494.2%
87 COUNTRYSIDE DR2025-05$505,0001,55696.3%
254 PENNS WAY2026-04$500,0001,40093.0%
267 ENGLISH PL2026-02$480,0001,40099.4%

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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 →