The Fair Share Report

84 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

≈ $924,517

Likely range $721,223 – $973,660, 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 $924,517 home should be assessed near $879,401.

Step 3 · Assessed value

$738,700

Set at the last town-wide revaluation and mostly frozen since. That's $140,701 below what the ratio math suggests (16.0%).

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 $1.656 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$12,236/yr
Public schools$7,938
Somerset County$2,233
Town of Bernards$2,066
Bernards average$14,733

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

Town median 94.1%
This home · 79.9%

70%108%

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%
251 PATRIOT HILL DR2025-01$818,0002,044101.1%
13 CLARK CT2025-06$677,0001,99896.8%
218 PATRIOT HILL DR2025-01$891,0002,04496.3%
47 DEXTER DR N2026-06$900,0002,10881.8%
54 DEXTER DR N2025-06$880,0002,10896.4%

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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 →