The Fair Share Report

71 Long Rd

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

≈ $967,882

Likely range $833,719 – $1,027,261, 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 $967,882 home should be assessed near $920,649.

Step 3 · Assessed value

$887,500

Set at the last town-wide revaluation and mostly frozen since. That's $33,149 below what the ratio math suggests (3.6%).

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 $1.514 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$13,440/yr
Public schools$8,718
Somerset County$2,452
Town of Bernards$2,269
Bernards average$14,733

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

Town median 94.1%
This home · 91.7%

80%112%

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
92 WHITENACK RD2026-01$944,9712,51695.5%
46 DEXTER DR N2025-03$880,0002,75895.1%
142 ANNIN RD2025-01$1,105,0003,05396.7%
13 CLARK CT2025-06$677,0001,99896.8%
16 RIGGS CT2026-05$850,0002,18982.5%
31 ROBERTS CIR2025-04$725,0002,18992.5%
29 ROBERTS CIR2025-03$735,0002,18995.0%
6 DOGWOOD WAY2026-01$925,0002,95081.6%
32 MAYFLOWER DR2026-01$845,5001,92892.8%
26 MAYFLOWER DR2025-04$762,0001,92896.3%
312 GRIST MILL DR2025-03$1,025,0002,59695.3%
47 DEXTER DR N2026-06$900,0002,10881.8%

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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 →