The Fair Share Report

76 Constitution Way

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

≈ $912,046

Likely range $766,095 – $1,091,050, 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 $912,046 home should be assessed near $867,538.

Step 3 · Assessed value

$759,800

Set at the last town-wide revaluation and mostly frozen since. That's $107,738 below what the ratio math suggests (12.4%).

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%

Step 5 · The bill

$12,763/yr
Public schools$8,279
Somerset County$2,329
Town of Bernards$2,155
Bernards average$14,733

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

Town median 94.1%
This home · 83.3%

64%105%

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
32 HANSOM RD2026-05$1,081,0002,31496.9%
25 LIBERTY RIDGE RD2025-03$1,118,0002,34694.1%
9 HARTLEY LN2026-05$925,0002,10797.4%
266 PATRIOT HILL DR2026-05$915,0002,11294.0%
16 RIGGS CT2026-05$850,0002,18982.5%
31 ROBERTS CIR2025-04$725,0002,18992.5%
29 ROBERTS CIR2025-03$735,0002,18995.0%
34 GEORGETOWN CT2025-05$993,0002,50595.7%
251 PATRIOT HILL DR2025-01$818,0002,044101.1%
18 VANDERVEER DR2025-05$1,405,0002,61692.2%
13 CLARK CT2025-06$677,0001,99896.8%
50 PATRIOT HILL DR2025-02$863,6522,49997.4%

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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 →