The Fair Share Report

8 Pendleton Ct

Bedminster, NJ 07921

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

≈ $464,086

Likely range $412,937 – $484,390, from 12 comparable Bedminster sales in the past 18 months, at this home's 1,079 sq ft.

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 $464,086 home should be assessed near $460,559.

Step 3 · Assessed value

$406,700

Set at the last town-wide revaluation and mostly frozen since. That's $53,859 below what the ratio math suggests (11.7%).

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 $1.123 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$4,566/yr
Public schools$2,343
Somerset County$1,141
Town of Bedminster$1,081
Bedminster average$6,840

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

Town median 92.2%
This home · 87.6%

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
14 TORY COURT2026-04$470,0001,07985.8%
15 CRESTMONT ROAD2025-02$390,0001,087103.2%
412 CARDINAL LANE2026-05$495,0001,10984.7%
60 WENTWORTH ROAD2026-06$420,0001,06387.3%
80 WENDOVER COURT2026-05$500,0001,06487.8%
7 QUAIL BROOK COURT2026-04$520,0001,12489.8%
42 FIELDSTONE ROAD2026-04$501,0001,11688.0%
52 FIELDSTONE ROAD2025-03$480,0001,11696.3%
25 CRESTMONT ROAD2026-03$475,0001,02687.2%
31 BENTLEY COURT2025-01$430,0001,026100.7%
5 BENTLEY COURT2025-01$445,0001,02697.3%
25 ACADEMY COURT2026-03$360,0001,00699.0%

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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 →