The Fair Share Report

3 Brookside Ln

Bethlehem, NJ 08827

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

≈ $708,836

Likely range $524,804 – $757,453, from 12 comparable Bethlehem sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

107.41%

The state's official measure of how far Bethlehem assessments sit below market value — republished every October, applied town-wide. A $708,836 home should be assessed near $761,361.

Step 3 · Assessed value

$571,100

Set at the last town-wide revaluation and mostly frozen since. That's $190,261 below what the ratio math suggests (25.0%).

Step 4 · The tax rate — same for every Bethlehem home

$2.020 per $100 assessed

$1.404 Schools · 69% $0.316 County · 16% $0.301 Town · 15%

Step 5 · The bill

$11,542/yr
Public schools$8,018
Hunterdon County$1,805
Town of Bethlehem$1,719
Bethlehem average$12,242

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

Town median 91.1%
This home · 80.6%

70%117%

Paying about right

This home's ratio lands inside Bethlehem'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
232 TURKEY HILL ROAD2025-09$440,0002,330132.7%
17 THOMAS ROAD2025-06$745,0002,26277.4%
500 CHARLESTOWN ROAD2025-11$735,0002,16464.0%
368 STROTZ ROAD2025-12$435,0001,955106.2%
193 ASBURY-WEST PORTAL2026-05$680,0002,39077.1%
505 LANNON LANE2026-05$705,0002,33681.9%
42 WITTE ROAD2025-11$532,0002,13885.0%
919 IRON BRIDGE ROAD2025-12$725,0002,42284.8%
4 DEVONALD DRIVE2025-04$877,0002,42885.2%
982 IRON BRIDGE ROAD2025-06$650,0002,17081.9%
324-1&2 TUNNEL ROAD2026-03$490,0002,22088.9%
434 CHARLESTOWN ROAD2026-05$740,0002,59284.5%

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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 →