The Fair Share Report

342 Hackett Rd

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

≈ $513,614

Likely range $472,196 – $609,000, from 12 comparable Bethlehem sales in the past 18 months, at this home's 1,624 sq ft.

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 $513,614 home should be assessed near $551,673.

Step 3 · Assessed value

$514,100

Set at the last town-wide revaluation and mostly frozen since. That's $37,573 below what the ratio math suggests (6.8%).

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

$10,390/yr
Public schools$7,218
Hunterdon County$1,625
Town of Bethlehem$1,547
Bethlehem average$12,242

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

Town median 91.1%
This home · 100.1%

76%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
125 VALLEY STATION ROAD2025-05$500,0001,55694.7%
311 NORTH POLKTOWN ROAD2026-02$680,0001,71586.3%
1 TURKEY RUN2025-10$535,0001,840106.2%
317 COUNTY ROUTE 5792026-01$425,0001,400109.8%
903 MOUNTAIN VIEW ROAD2025-05$571,0001,34488.0%
26 THRUSH LANE2026-01$630,0001,99288.6%
42 WITTE ROAD2025-11$532,0002,13885.0%
385 TUNNEL ROAD2025-11$525,0001,40079.2%
14 TULIP LANE2026-01$412,5001,60688.2%
368 STROTZ ROAD2025-12$435,0001,955106.2%
531 LUDLOW STATION ROAD2025-12$485,0001,778104.9%
302 NORTH POLKTOWN ROAD2025-07$660,0002,252103.1%

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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 →