The Fair Share Report
348 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $577,476 – $769,187, from 12 comparable Bethlehem 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 Bethlehem assessments sit below market value — republished every October, applied town-wide. A $723,327 home should be assessed near $776,926.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $75,926 below what the ratio math suggests (9.8%).
Step 4 · The tax rate — same for every Bethlehem home
$1.404 Schools · 69% $0.316 County · 16% $0.301 Town · 15%
Step 5 · The bill
This home vs. every recent Bethlehem sale · assessed ÷ market
76%127%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 205 GROSS DRIVE | 2026-06 | $815,000 | 2,658 | 84.2% |
| 322 HACKETT ROAD | 2025-02 | $720,000 | 2,897 | 97.1% |
| 362 TUNNEL ROAD | 2025-01 | $465,000 | 2,262 | 112.2% |
| 506 RIVER ROAD | 2025-09 | $600,000 | 2,092 | 81.8% |
| 434 CHARLESTOWN ROAD | 2026-05 | $740,000 | 2,592 | 84.5% |
| 853 NORTON CHURCH ROAD | 2025-12 | $825,000 | 3,450 | 89.4% |
| 193 ASBURY-WEST PORTAL | 2026-05 | $680,000 | 2,390 | 77.1% |
| 232 TURKEY HILL ROAD | 2025-09 | $440,000 | 2,330 | 132.7% |
| 919 IRON BRIDGE ROAD | 2025-12 | $725,000 | 2,422 | 84.8% |
| 505 LANNON LANE | 2026-05 | $705,000 | 2,336 | 81.9% |
| 4 DEVONALD DRIVE | 2025-04 | $877,000 | 2,428 | 85.2% |
| 834 NORTON CHURCH ROAD | 2025-11 | $575,000 | 2,444 | 100.8% |
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