The Fair Share Report
427 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $1,034,852 – $1,654,123, 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 $1,401,737 home should be assessed near $1,333,332.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $110,032 below what the ratio math suggests (8.3%).
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 $1.638 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
69%124%
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 |
|---|---|---|---|---|
| 40 RANKIN AVE | 2026-06 | $1,500,000 | 3,169 | 91.3% |
| 9 CROSS RD | 2025-01 | $1,075,000 | 3,072 | 98.0% |
| 27 WOODSTONE RD | 2026-03 | $1,370,000 | 2,532 | 81.3% |
| 33 BRITTANY PL | 2025-06 | $1,450,000 | 3,168 | 93.9% |
| 14 PHEASANT RUN DR | 2025-06 | $1,750,000 | 3,024 | 85.0% |
| 36 DEBRA LN | 2026-05 | $1,302,000 | 3,241 | 77.8% |
| 134 SPENCER RD | 2026-05 | $1,100,000 | 2,582 | 85.8% |
| 79 DYCKMAN PL | 2026-05 | $1,600,000 | 3,035 | 82.9% |
| 18 VAN DORN RD | 2025-06 | $980,000 | 2,888 | 100.2% |
| 200 WOODS END | 2025-05 | $1,675,000 | 3,290 | 91.2% |
| 21 PITNEY CT | 2025-01 | $1,758,000 | 3,364 | 93.9% |
| 45 POND HILL RD | 2025-02 | $1,300,000 | 3,378 | 98.3% |
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