The Fair Share Report

79 Bernard Dr

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

≈ $1,698,625

Likely range $1,616,621 – $1,909,875, 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 $1,698,625 home should be assessed near $1,615,732.

Step 3 · Assessed value

$1,525,600

Set at the last town-wide revaluation and mostly frozen since. That's $90,132 below what the ratio math suggests (5.6%).

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 $1.603 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$24,452/yr
Public schools$15,862
Somerset County$4,462
Town of Bernards$4,129
Bernards average$14,733

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

Town median 94.1%
This home · 89.8%

74%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
24 TALMADGE LN2025-06$1,921,0003,51584.2%
1 TARTAN DR2026-05$1,515,0003,34490.9%
21 PITNEY CT2025-01$1,758,0003,36493.9%
126 WOODS END2025-04$1,675,0003,54592.6%
200 WOODS END2025-05$1,675,0003,29091.2%
12 BEACON CREST DR2026-04$1,665,0003,38589.3%
33 BRITTANY PL2025-06$1,450,0003,16893.9%
45 POND HILL RD2025-02$1,300,0003,37898.3%
21 BRENTWOOD CT2026-01$1,650,0003,816100.8%
32 INDEPENDENCE DR2026-06$1,850,0004,01191.2%
36 SENTINEL DR2025-04$1,725,0004,04395.2%
14 PHEASANT RUN DR2025-06$1,750,0003,02485.0%

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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 →