The Fair Share Report

77 Hyde Ct

Bedminster, NJ 08050

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

≈ $214,243

Likely range $202,545 – $226,084, from 12 comparable Bedminster sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

99.24%

The state's official measure of how far Bedminster assessments sit below market value — republished every October, applied town-wide. A $214,243 home should be assessed near $212,615.

Step 3 · Assessed value

$190,400

Set at the last town-wide revaluation and mostly frozen since. That's $22,215 below what the ratio math suggests (10.4%).

Step 4 · The tax rate — same for every Bedminster home

$1.204 per $100 assessed

$0.618 Schools · 51% $0.301 County · 25% $0.285 Town · 24%

This home's own bill implies $1.099 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$2,093/yr
Public schools$1,074
Somerset County$523
Town of Bedminster$495
Bedminster average$6,840

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

Town median 92.2%
This home · 88.9%

79%107%

Paying about right

This home's ratio lands inside Bedminster'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
61 CHESWICH COURT2026-02$255,00053090.6%
61 PARKSIDE ROAD2025-06$240,67153092.1%
43 RAY COURT2025-03$290,00065091.2%
29 TANSY COURT2025-06$321,00064283.5%
35 HYDE COURT2025-02$285,00067286.0%
3 WESCOTT ROAD2026-02$340,00067983.6%
35 WENTWORTH ROAD2025-04$345,00067981.5%
26 LARKSPUR COURT2026-06$278,000678100.4%
46 VILLAGE GREEN ROAD2025-06$197,01471394.7%
47 SPRUCE COURT2026-03$379,99983291.6%
15 RAY COURT2026-02$387,50083292.4%
48 SPRUCE COURT2025-06$390,00083290.6%

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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 →