The Fair Share Report

85 Fieldstone Dr

Bernards, NJ 07920

The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.

The numbers support an appeal

Even at the cautious end of the range, this home's ratio clears NJ's Chapter 123 line (100.00%) — roughly $3,094/yr at stake. NJ appeals are generally due April 1.

Step 1 · Market value

≈ $1,062,258

Likely range $953,092 – $1,120,522, 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 $1,062,258 home should be assessed near $1,010,420.

Step 3 · Assessed value

$1,193,800

Set at the last town-wide revaluation and mostly frozen since. That's $183,380 above what the ratio math suggests (18.1%).

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 $1.490 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$17,785/yr
Public schools$11,537
Somerset County$3,245
Town of Bernards$3,003
Bernards average$14,733

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

Town median 94.1%
This home · 112.4%

80%131%

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

AddressSoldPriceSq ftRatio
257 LYONS RD2025-02$925,0002,60097.8%
134 SPENCER RD2026-05$1,100,0002,58285.8%
47 FIELDSTONE DR2025-04$1,355,0002,43685.2%
81 ATLAS RD2026-05$1,230,0002,45590.1%
9 PALMERSTON PL2025-04$1,100,0002,590107.2%
1273 MT AIRY RD2025-04$970,0002,75695.8%
56 TUXFORD TER2026-06$1,125,0002,80797.5%
18 VAN DORN RD2025-06$980,0002,888100.2%
312 GRIST MILL DR2025-03$1,025,0002,59695.3%
101 WEXFORD WAY2026-06$1,024,0002,51690.8%
36 DEBRA LN2026-05$1,302,0003,24177.8%
4 VAN DORN RD2025-01$920,0002,18496.2%

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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 →