The Fair Share Report

9 Exeter Rd

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

≈ $527,922

Likely range $515,440 – $584,200, from 12 comparable Bedminster sales in the past 18 months (home size estimated from assessor data — range widened).

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 $527,922 home should be assessed near $523,910.

Step 3 · Assessed value

$532,800

Set at the last town-wide revaluation and mostly frozen since. That's $8,890 above what the ratio math suggests (1.7%).

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 $1.103 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$5,878/yr
Public schools$3,017
Somerset County$1,470
Town of Bedminster$1,391
Bedminster average$6,840

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

Town median 92.2%
This home · 100.9%

79%109%

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
61 FOXWOOD COURT2026-05$505,0001,32089.8%
74 ACADEMY COURT2026-04$540,0001,35990.3%
13 ETON COURT2026-01$590,0001,42993.3%
22 STONE RUN ROAD2026-04$657,5001,46585.3%
21 STONE RUN ROAD2026-03$625,0001,46589.0%
35 CAMBRIDGE ROAD2026-05$609,0001,48484.6%
46 ETON COURT2026-01$575,0001,48493.5%
67 BENTLEY COURT2026-01$460,0001,231101.4%
53 BENTLEY COURT2025-04$519,0001,23191.5%
17 MALLARD LANE2026-03$560,0001,46492.2%
4 MALLARD LANE2025-02$538,8001,46496.1%
56 ACADEMY COURT2025-06$460,0001,23294.4%

Is this your house?

Run your own report →

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 →