The Fair Share Report

69 E Lewis St

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

≈ $1,676,787

Likely range $1,318,187 – $1,841,134, 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 $1,676,787 home should be assessed near $1,594,960.

Step 3 · Assessed value

$1,510,000

Set at the last town-wide revaluation and mostly frozen since. That's $84,960 below what the ratio math suggests (5.3%).

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 $1.535 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$23,171/yr
Public schools$15,031
Somerset County$4,228
Town of Bernards$3,912
Bernards average$14,733

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

Town median 94.1%
This home · 90.1%

77%120%

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)

AddressSoldPriceSq ftRatio
36 SENTINEL DR2025-04$1,725,0004,04395.2%
32 INDEPENDENCE DR2026-06$1,850,0004,01191.2%
19 CREST DR2025-05$1,505,0004,17694.6%
64 MORGAN LN2025-02$1,535,0004,56995.8%
45 POND HILL RD2025-02$1,300,0003,37898.3%
12 BEACON CREST DR2026-04$1,665,0003,38589.3%
58 MORGAN LN2026-02$1,495,0004,67596.7%
11 WELLINGTON DR2025-04$1,650,0003,56996.3%
18 HADLEY CT2025-06$1,100,0003,15394.9%
17 BEDFORD DR2026-05$1,650,0003,53991.3%
12 SENTINEL DR2026-04$1,400,0003,408100.7%
173 W OAK ST2026-03$1,200,0003,68088.5%

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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 →