The Fair Share Report

395 Lyons 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

≈ $854,430

Likely range $704,492 – $921,461, 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 $854,430 home should be assessed near $812,734.

Step 3 · Assessed value

$913,500

Set at the last town-wide revaluation and mostly frozen since. That's $100,766 above what the ratio math suggests (12.4%).

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 $1.579 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$14,424/yr
Public schools$9,357
Somerset County$2,632
Town of Bernards$2,435
Bernards average$14,733

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

Town median 94.1%
This home · 106.9%

80%135%

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
180 SOMERVILLE RD2025-03$449,00099.7%
16 RIGGS CT2026-05$850,0002,18982.5%
31 ROBERTS CIR2025-04$725,0002,18992.5%
29 ROBERTS CIR2025-03$735,0002,18995.0%
3 FAIRBANKS LN2025-02$695,0002,09690.3%
14 BRADFORD LN2026-04$935,0002,10888.5%
9 DEERFIELD CT2025-05$870,0002,10895.2%
47 DEXTER DR N2026-06$900,0002,10881.8%
54 DEXTER DR N2025-06$880,0002,10896.4%
20 DEXTER DR S2025-04$630,0002,108101.4%
35 ROBERTS CIR2026-04$727,0002,02286.0%
1 BRADFORD LN2026-04$900,0001,99482.0%

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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 →