The Fair Share Report

7 William 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

≈ $854,953

Likely range $658,714 – $936,383, 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 $854,953 home should be assessed near $813,231.

Step 3 · Assessed value

$907,100

Set at the last town-wide revaluation and mostly frozen since. That's $93,869 above what the ratio math suggests (11.5%).

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 $1.597 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$14,485/yr
Public schools$9,396
Somerset County$2,643
Town of Bernards$2,446
Bernards average$14,733

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

Town median 94.1%
This home · 106.1%

80%143%

A touch high — worth watching

This home's ratio sits above most of Bernards, but doesn't clear NJ's legal appeal line (100.00%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
8 BEECHWOOD RD2026-06$1,000,0002,06077.0%
3 FAIRBANKS LN2025-02$695,0002,09690.3%
35 ROBERTS CIR2026-04$727,0002,02286.0%
4 VAN DORN RD2025-01$920,0002,18496.2%
1 BRADFORD LN2026-04$900,0001,99482.0%
11 N VOORHEES DR2025-06$1,094,4452,31595.7%
14 BRADFORD LN2026-04$935,0002,10888.5%
9 DEERFIELD CT2025-05$870,0002,10895.2%
47 DEXTER DR N2026-06$900,0002,10881.8%
54 DEXTER DR N2025-06$880,0002,10896.4%
20 DEXTER DR S2025-04$630,0002,108101.4%
16 RIGGS CT2026-05$850,0002,18982.5%

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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 →