The Fair Share Report

4 Hampton Ct

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

≈ $565,002

Likely range $530,071 – $604,828, 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 $565,002 home should be assessed near $537,430.

Step 3 · Assessed value

$686,700

Set at the last town-wide revaluation and mostly frozen since. That's $149,270 above what the ratio math suggests (27.8%).

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 $1.619 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$11,119/yr
Public schools$7,213
Somerset County$2,029
Town of Bernards$1,877
Bernards average$14,733

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

Town median 94.1%
This home · 121.5%

80%135%

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 $2,518/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
60 WOODWARD LN2026-06$535,0001,76489.5%
229 ENGLISH PL2025-01$531,0001,76493.9%
333 PENNS WAY2026-06$545,0001,78094.1%
333 PENNS WAY2025-02$535,0001,78095.8%
7 VALLEY VIEW DR2026-06$600,0001,81690.5%
28 VALLEY VIEW DR2025-04$551,0001,81695.7%
5 VILLAGE DR2025-04$609,5001,86695.4%
15 DEXTER DR N2026-02$900,0001,68482.5%
471 PENNS WAY2025-03$598,0001,65691.6%
40 MAPLE RUN2025-02$606,0001,89298.2%
10 VALLEY VIEW DR2025-03$565,0001,66495.8%
67 WOODWARD LN2026-02$492,0001,59698.8%

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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 →