The Fair Share Report
40 Walden Pl
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $1,321,927 – $1,987,568, from 12 comparable Bernards sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Bernards assessments sit below market value — republished every October, applied town-wide. A $1,517,689 home should be assessed near $1,443,626.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $29,926 below what the ratio math suggests (2.1%).
Step 4 · The tax rate — same for every Bernards home
$1.095 Schools · 65% $0.308 County · 18% $0.285 Town · 17%
This home's own bill implies $1.533 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Bernards sale · assessed ÷ market
66%112%
Paying about right
This home's ratio lands inside Bernards's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 45 POND HILL RD | 2025-02 | $1,300,000 | 3,378 | 98.3% |
| 92 SHANNON HILL RD | 2026-05 | $1,850,000 | 3,336 | 74.7% |
| 21 BRENTWOOD CT | 2026-01 | $1,650,000 | 3,816 | 100.8% |
| 33 JUNIPER WAY | 2026-04 | $1,400,000 | 3,362 | 96.4% |
| 180 SOMERVILLE RD | 2025-03 | $449,000 | — | 99.7% |
| 24 TALMADGE LN | 2025-06 | $1,921,000 | 3,515 | 84.2% |
| 105 ANNIN RD | 2026-03 | $2,400,000 | 4,193 | 73.1% |
| 126 WOODS END | 2025-04 | $1,675,000 | 3,545 | 92.6% |
| 59 MANOR DR | 2026-05 | $1,550,999 | 3,527 | 85.5% |
| 15 RIVERSIDE DR | 2025-06 | $1,851,000 | 4,281 | 94.5% |
| 28 LAFAYETTE LN | 2026-04 | $1,360,000 | 3,622 | 91.5% |
| 23 GALLOPING HILL RD | 2026-05 | $2,550,000 | 4,309 | 68.2% |
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