The Fair Share Report
61 Lyons Pl
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 $1,290,181 – $1,718,826, 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 $1,577,585 home should be assessed near $1,500,599.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $44,001 above what the ratio math suggests (2.9%).
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 $1.595 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%125%
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 |
|---|---|---|---|---|
| 12 WAYNE TER | 2026-05 | $1,375,000 | 4,023 | 104.0% |
| 28 LAFAYETTE LN | 2026-04 | $1,360,000 | 3,622 | 91.5% |
| 36 DEBRA LN | 2026-05 | $1,302,000 | 3,241 | 77.8% |
| 59 MANOR DR | 2026-05 | $1,550,999 | 3,527 | 85.5% |
| 209 LAKE RD | 2026-05 | $1,350,000 | 3,617 | 83.3% |
| 39 MELBOURNE WAY | 2025-01 | $1,285,000 | 4,607 | 104.3% |
| 10 LAFAYETTE LN | 2025-02 | $999,000 | 3,390 | 99.6% |
| 21 BRENTWOOD CT | 2026-01 | $1,650,000 | 3,816 | 100.8% |
| 5 CARRIAGE WAY | 2025-06 | $1,825,000 | 4,400 | 95.4% |
| 173 W OAK ST | 2026-03 | $1,200,000 | 3,680 | 88.5% |
| 134 SPENCER RD | 2026-05 | $1,100,000 | 2,582 | 85.8% |
| 54 BERTA PL | 2026-05 | $2,524,000 | 4,283 | 82.2% |
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