The Fair Share Report

346 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

≈ $573,143

Likely range $543,805 – $632,190, 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 $573,143 home should be assessed near $615,613.

Step 3 · Assessed value

$455,400

Set at the last town-wide revaluation and mostly frozen since. That's $160,213 below what the ratio math suggests (26.0%).

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

$9,204/yr
Public schools$6,394
Hunterdon County$1,439
Town of Bethlehem$1,371
Bethlehem average$12,242

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

Town median 91.1%
This home · 79.5%

67%117%

Keep quiet and enjoy it

This home's assessment ratio sits below the Bethlehem 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)

AddressSoldPriceSq ftRatio
1 TURKEY RUN2025-10$535,0001,840106.2%
26 THRUSH LANE2026-01$630,0001,99288.6%
42 WITTE ROAD2025-11$532,0002,13885.0%
311 NORTH POLKTOWN ROAD2026-02$680,0001,71586.3%
125 VALLEY STATION ROAD2025-05$500,0001,55694.7%
505 LANNON LANE2026-05$705,0002,33681.9%
193 ASBURY-WEST PORTAL2026-05$680,0002,39077.1%
368 STROTZ ROAD2025-12$435,0001,955106.2%
500 CHARLESTOWN ROAD2025-11$735,0002,16464.0%
17 THOMAS ROAD2025-06$745,0002,26277.4%
302 NORTH POLKTOWN ROAD2025-07$660,0002,252103.1%
317 COUNTY ROUTE 5792026-01$425,0001,400109.8%

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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 →