The Fair Share Report

47 Flintlock 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

≈ $1,104,757

Likely range $964,027 – $1,144,657, 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 $1,104,757 home should be assessed near $1,050,845.

Step 3 · Assessed value

$1,196,800

Set at the last town-wide revaluation and mostly frozen since. That's $145,955 above what the ratio math suggests (13.9%).

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 $1.520 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$18,187/yr
Public schools$11,798
Somerset County$3,318
Town of Bernards$3,071
Bernards average$14,733

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

Town median 94.1%
This home · 108.3%

80%130%

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 $2,462/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
56 TUXFORD TER2026-06$1,125,0002,80797.5%
1273 MT AIRY RD2025-04$970,0002,75695.8%
18 VAN DORN RD2025-06$980,0002,888100.2%
9 PALMERSTON PL2025-04$1,100,0002,590107.2%
257 LYONS RD2025-02$925,0002,60097.8%
46 DEXTER DR N2025-03$880,0002,75895.1%
20 MANCHESTER DR2025-06$1,036,0332,79094.3%
312 GRIST MILL DR2025-03$1,025,0002,59695.3%
101 WEXFORD WAY2026-06$1,024,0002,51690.8%
10 LAFAYETTE LN2025-02$999,0003,39099.6%
81 ATLAS RD2026-05$1,230,0002,45590.1%
115 BERKELEY CIR2026-05$1,275,0002,45488.6%

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 →