The Fair Share Report
53 Cherry Ln
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $718,405 – $1,052,579, 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 $913,710 home should be assessed near $869,121.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $111,079 above what the ratio math suggests (12.8%).
Step 4 · The tax rate — same for every Bernards home
$1.095 Schools · 65% $0.308 County · 18% $0.285 Town · 17%
Step 5 · The bill
This home vs. every recent Bernards sale · assessed ÷ market
80%142%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 10 NANCY LN | 2025-04 | $650,000 | 1,792 | 93.8% |
| 8 BEECHWOOD RD | 2026-06 | $1,000,000 | 2,060 | 77.0% |
| 4 VAN DORN RD | 2025-01 | $920,000 | 2,184 | 96.2% |
| 134 SPENCER RD | 2026-05 | $1,100,000 | 2,582 | 85.8% |
| 77 WOODSTONE RD | 2026-04 | $850,000 | 1,618 | 88.4% |
| 47 FIELDSTONE DR | 2025-04 | $1,355,000 | 2,436 | 85.2% |
| 81 ATLAS RD | 2026-05 | $1,230,000 | 2,455 | 90.1% |
| 247 LYONS RD | 2026-03 | $920,000 | 1,972 | 93.0% |
| 494 KING GEORGE RD | 2026-05 | $570,000 | 1,572 | 95.9% |
| 3 FAIRBANKS LN | 2025-02 | $695,000 | 2,096 | 90.3% |
| 436 MT AIRY RD | 2026-02 | $790,000 | 1,416 | 91.8% |
| 14 BRADFORD LN | 2026-04 | $935,000 | 2,108 | 88.5% |
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