The Fair Share Report

347 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

≈ $742,865

Likely range $607,844 – $876,872, 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 $742,865 home should be assessed near $797,911.

Step 3 · Assessed value

$743,500

Set at the last town-wide revaluation and mostly frozen since. That's $54,411 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

$15,026/yr
Public schools$10,439
Hunterdon County$2,349
Town of Bethlehem$2,238
Bethlehem average$12,242

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

Town median 91.1%
This home · 100.1%

76%128%

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
322 HACKETT ROAD2025-02$720,0002,89797.1%
205 GROSS DRIVE2026-06$815,0002,65884.2%
853 NORTON CHURCH ROAD2025-12$825,0003,45089.4%
434 CHARLESTOWN ROAD2026-05$740,0002,59284.5%
516 CHARLESTOWN ROAD2025-05$595,0002,816107.0%
982 IRON BRIDGE ROAD2025-06$650,0002,17081.9%
1 MICHAELS COURT2025-05$787,0002,959111.3%
362 TUNNEL ROAD2025-01$465,0002,262112.2%
923 IRON BRIDGE RD2025-04$800,0002,98888.0%
475 CHARLESTOWN ROAD2026-06$735,0003,98197.9%
232 TURKEY HILL ROAD2025-09$440,0002,330132.7%
102 HOFFMAN LANE2026-05$875,0003,570109.9%

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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 →