The Fair Share Report

59 Baldwin 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

≈ $422,841

Likely range $397,759 – $439,107, 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 $422,841 home should be assessed near $402,206.

Step 3 · Assessed value

$235,000

Set at the last town-wide revaluation and mostly frozen since. That's $167,206 below what the ratio math suggests (41.6%).

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 $1.573 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$3,697/yr
Public schools$2,398
Somerset County$675
Town of Bernards$624
Bernards average$14,733

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

Town median 94.1%
This home · 55.6%

48%105%

Keep quiet and enjoy it

This home's assessment ratio sits below the Bernards 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)

AddressSoldPriceSq ftRatio
142 WOODWARD LN2026-06$461,0001,18189.4%
327 PENNS WAY2026-05$451,1251,18187.5%
289 ENGLISH PL2026-05$430,0001,18194.6%
347 PENNS WAY2026-05$425,0001,18186.6%
164 WOODWARD LN2026-05$425,0001,18189.9%
31 BALDWIN CT2025-06$420,0001,18195.6%
140 WOODWARD LN2025-06$380,0001,18198.5%
44 BALDWIN CT2025-05$430,0001,18191.4%
64 BALDWIN CT2025-05$400,0001,18191.7%
221 IRVING PL2025-03$431,0001,18190.4%
48 COMMONWEALTH DR2026-01$457,5001,20099.2%
188 ALEXANDRIA WAY2025-05$446,0001,20098.8%

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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 →