The Fair Share Report

49 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.

Step 1 · Market value

≈ $842,430

Likely range $744,840 – $948,111, 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 $842,430 home should be assessed near $801,319.

Step 3 · Assessed value

$835,900

Set at the last town-wide revaluation and mostly frozen since. That's $34,581 above what the ratio math suggests (4.3%).

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 $1.576 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$13,171/yr
Public schools$8,544
Somerset County$2,403
Town of Bernards$2,224
Bernards average$14,733

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

Town median 94.1%
This home · 99.2%

80%118%

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)

AddressSoldPriceSq ftRatio
10 NANCY LN2025-04$650,0001,79293.8%
77 WOODSTONE RD2026-04$850,0001,61888.4%
180 SOMERVILLE RD2025-03$449,00099.7%
247 LYONS RD2026-03$920,0001,97293.0%
128 SUNSET LN2025-06$875,0001,80490.6%
47 FIELDSTONE DR2025-04$1,355,0002,43685.2%
4 VAN DORN RD2025-01$920,0002,18496.2%
134 SPENCER RD2026-05$1,100,0002,58285.8%
317 S FINLEY AVE2026-06$740,3171,45291.4%
8 BEECHWOOD RD2026-06$1,000,0002,06077.0%
17 CLARK CT2026-05$750,0001,92886.5%
82 CONSTITUTION WAY2026-04$804,0001,92896.2%

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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 →