The Fair Share Report
5 Cedar Ct
Bedminster, NJ 08867
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 $314,437 – $371,749, from 12 comparable Bedminster 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 Bedminster assessments sit below market value — republished every October, applied town-wide. A $349,369 home should be assessed near $346,714.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $80,414 below what the ratio math suggests (23.2%).
Step 4 · The tax rate — same for every Bedminster home
$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
This home vs. every recent Bedminster sale · assessed ÷ market
66%107%
Keep quiet and enjoy it
This home's assessment ratio sits below the Bedminster pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 46 VILLAGE GREEN ROAD | 2025-06 | $197,014 | 713 | 94.7% |
| 47 SPRUCE COURT | 2026-03 | $379,999 | 832 | 91.6% |
| 15 RAY COURT | 2026-02 | $387,500 | 832 | 92.4% |
| 48 SPRUCE COURT | 2025-06 | $390,000 | 832 | 90.6% |
| 55 SAGE COURT | 2026-03 | $404,000 | 832 | 85.8% |
| 34 SAGE COURT | 2026-01 | $393,000 | 832 | 92.0% |
| 71 MAYFIELD ROAD | 2025-02 | $385,000 | 832 | 89.5% |
| 26 LARKSPUR COURT | 2026-06 | $278,000 | 678 | 100.4% |
| 3 WESCOTT ROAD | 2026-02 | $340,000 | 679 | 83.6% |
| 35 WENTWORTH ROAD | 2025-04 | $345,000 | 679 | 81.5% |
| 35 HYDE COURT | 2025-02 | $285,000 | 672 | 86.0% |
| 43 RAY COURT | 2025-03 | $290,000 | 650 | 91.2% |
Is this your house?
Run your own report →