The Fair Share Report

9 Pendleton Ct

Bedminster, NJ 08807

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

≈ $395,461

Likely range $360,523 – $457,890, 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 $395,461 home should be assessed near $392,455.

Step 3 · Assessed value

$446,000

Set at the last town-wide revaluation and mostly frozen since. That's $53,545 above what the ratio math suggests (13.6%).

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 $1.133 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$5,053/yr
Public schools$2,594
Somerset County$1,263
Town of Bedminster$1,196
Bedminster average$6,840

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

Town median 92.2%
This home · 112.8%

79%129%

A touch high — worth watching

This home's ratio sits above most of Bedminster, but doesn't clear NJ's legal appeal line (100.00%).

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

AddressSoldPriceSq ftRatio
18 WENTWORTH ROAD2025-04$380,00097794.2%
25 ACADEMY COURT2026-03$360,0001,00699.0%
25 ACADEMY COURT2025-01$300,0001,006118.8%
33 FOXWOOD COURT2026-06$420,00094392.2%
1 CROSSFIELD COURT2025-03$310,000943117.6%
4 PINE COURT2025-01$405,0001,00086.8%
18 PINE COURT2026-06$435,00092688.5%
32 SPRUCE COURT2026-04$405,00092692.6%
1 DANBURY COURT2026-06$385,0001,00694.7%
36 ENCAMPMENT DRIVE2026-01$391,0001,00691.1%
19 PHEASANT BROOK COURT2025-06$450,0001,00297.8%
29 WOOD DUCK POND ROAD2025-01$485,0001,00295.5%

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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 →