The Fair Share Report

8 Acken 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

≈ $363,200

Likely range $341,550 – $379,176, 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 $363,200 home should be assessed near $345,476.

Step 3 · Assessed value

$442,100

Set at the last town-wide revaluation and mostly frozen since. That's $96,624 above what the ratio math suggests (28.0%).

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 $1.579 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$6,982/yr
Public schools$4,529
Somerset County$1,274
Town of Bernards$1,179
Bernards average$14,733

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

Town median 94.1%
This home · 121.7%

80%135%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $1,630/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
17 COUNTRYSIDE DR2025-04$360,00089277.3%
32 COUNTRYSIDE DR2025-03$290,00089299.8%
30 COUNTRYSIDE DR2026-05$325,00085684.7%
40 COUNTRYSIDE DR2025-01$300,00085698.6%
34 JAMESTOWN RD2025-04$375,00095092.4%
80 JAMESTOWN RD2025-01$365,000950103.5%
14 SMITHFIELD CT2025-06$395,00095090.6%
22 ALEXANDRIA WAY2025-04$425,00095095.4%
49 ALEXANDRIA WAY2026-03$403,5001,00090.7%
23 ALEXANDRIA WAY2025-05$375,0001,00096.8%
16 LEE PL2025-05$555,00096091.1%
195 ALEXANDRIA WAY2026-05$415,0001,00089.1%

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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 →