The Fair Share Report
99 Smithfield Ct
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $405,429 – $474,602, from 12 comparable Bernards sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Bernards assessments sit below market value — republished every October, applied town-wide. A $422,088 home should be assessed near $401,490.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $100,690 below what the ratio math suggests (25.1%).
Step 4 · The tax rate — same for every Bernards home
$1.095 Schools · 65% $0.308 County · 18% $0.285 Town · 17%
This home's own bill implies $1.575 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Bernards sale · assessed ÷ market
58%105%
Keep quiet and enjoy it
This home's assessment ratio sits below the Bernards pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 184 ALEXANDRIA WAY | 2026-06 | $479,000 | 1,050 | 89.3% |
| 28 COMMONWEALTH DR | 2026-05 | $450,000 | 1,050 | 92.4% |
| 58 SMITHFIELD CT | 2026-05 | $475,000 | 1,050 | 87.5% |
| 46 SMITHFIELD CT | 2026-04 | $425,000 | 1,050 | 93.3% |
| 171 JAMESTOWN RD | 2026-03 | $410,000 | 1,050 | 97.3% |
| 20 ALEXANDRIA WAY | 2026-03 | $420,000 | 1,050 | 95.6% |
| 121 JAMESTOWN RD | 2026-02 | $410,000 | 1,050 | 95.9% |
| 138 ALEXANDRIA WAY | 2026-01 | $423,000 | 1,050 | 95.0% |
| 82 ALEXANDRIA WAY | 2025-03 | $485,000 | 1,050 | 91.7% |
| 195 ALEXANDRIA WAY | 2026-05 | $415,000 | 1,000 | 89.1% |
| 106 JAMESTOWN RD | 2025-05 | $385,000 | 1,000 | 99.1% |
| 63 COMMONWEALTH DR | 2025-01 | $409,000 | 1,000 | 89.5% |
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