The Fair Share Report
5 Brookside Ave
Bernards, NJ 07924
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 $329,671 – $384,619, 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 $361,974 home should be assessed near $344,310.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $37,390 above what the ratio math suggests (10.9%).
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 $1.551 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
80%121%
A touch high — worth watching
This home's ratio sits above most of Bernards, but doesn't clear NJ's legal appeal line (100.00%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 16 LEE PL | 2025-05 | $555,000 | 960 | 91.1% |
| 17 COUNTRYSIDE DR | 2025-04 | $360,000 | 892 | 77.3% |
| 32 COUNTRYSIDE DR | 2025-03 | $290,000 | 892 | 99.8% |
| 78 POTOMAC DR | 2026-04 | $380,000 | 950 | 96.1% |
| 138 POTOMAC DR | 2026-02 | $370,000 | 950 | 94.8% |
| 14 SMITHFIELD CT | 2025-06 | $395,000 | 950 | 90.6% |
| 34 JAMESTOWN RD | 2025-04 | $375,000 | 950 | 92.4% |
| 22 ALEXANDRIA WAY | 2025-04 | $425,000 | 950 | 95.4% |
| 80 JAMESTOWN RD | 2025-01 | $365,000 | 950 | 103.5% |
| 30 COUNTRYSIDE DR | 2026-05 | $325,000 | 856 | 84.7% |
| 40 COUNTRYSIDE DR | 2025-01 | $300,000 | 856 | 98.6% |
| 81 STONEHOUSE RD | 2025-05 | $370,000 | 1,024 | 98.1% |
Is this your house?
Run your own report →