The Fair Share Report

44 Ray Ct

Bedminster, NJ 07083

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

≈ $425,362

Likely range $389,862 – $479,494, from 12 comparable Bedminster sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

99.24%

The state's official measure of how far Bedminster assessments sit below market value — republished every October, applied town-wide. A $425,362 home should be assessed near $422,129.

Step 3 · Assessed value

$350,600

Set at the last town-wide revaluation and mostly frozen since. That's $71,529 below what the ratio math suggests (16.9%).

Step 4 · The tax rate — same for every Bedminster home

$1.204 per $100 assessed

$0.618 Schools · 51% $0.301 County · 25% $0.285 Town · 24%

This home's own bill implies $1.123 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$3,937/yr
Public schools$2,021
Somerset County$984
Town of Bedminster$932
Bedminster average$6,840

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

Town median 92.2%
This home · 82.4%

68%107%

Paying about right

This home's ratio lands inside Bedminster's normal band. The drift hasn't singled it out — no case for a tax appeal.

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

AddressSoldPriceSq ftRatio
25 CRESTMONT ROAD2026-03$475,0001,02687.2%
31 BENTLEY COURT2025-01$430,0001,026100.7%
5 BENTLEY COURT2025-01$445,0001,02697.3%
20 CRESTMONT ROAD2026-06$418,0001,02284.7%
4 PINE COURT2025-01$405,0001,00086.8%
80 WENDOVER COURT2026-05$500,0001,06487.8%
25 ACADEMY COURT2026-03$360,0001,00699.0%
25 ACADEMY COURT2025-01$300,0001,006118.8%
15 CRESTMONT ROAD2025-02$390,0001,087103.2%
14 TORY COURT2026-04$470,0001,07985.8%
60 WENTWORTH ROAD2026-06$420,0001,06387.3%
1 DANBURY COURT2026-06$385,0001,00694.7%

Is this your house?

Run your own report →

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 →