The Fair Share Report

4 Devonald Dr

Bethlehem, NJ 08802

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

≈ $690,812

Likely range $595,098 – $726,796, from 12 comparable Bethlehem sales in the past 18 months, at this home's 2,428 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 $690,812 home should be assessed near $742,001.

Step 3 · Assessed value

$746,900

Set at the last town-wide revaluation and mostly frozen since. That's $4,899 above what the ratio math suggests (0.7%).

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

$15,095/yr
Public schools$10,486
Hunterdon County$2,360
Town of Bethlehem$2,248
Bethlehem average$12,242

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

Town median 91.1%
This home · 108.1%

76%131%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $99/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
919 IRON BRIDGE ROAD2025-12$725,0002,42284.8%
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%
834 NORTON CHURCH ROAD2025-11$575,0002,444100.8%
17 THOMAS ROAD2025-06$745,0002,26277.4%
26 THRUSH LANE2026-01$630,0001,99288.6%
232 TURKEY HILL ROAD2025-09$440,0002,330132.7%
302 NORTH POLKTOWN ROAD2025-07$660,0002,252103.1%
1 MICHAELS COURT2025-05$787,0002,959111.3%
1 TURKEY RUN2025-10$535,0001,840106.2%
500 CHARLESTOWN ROAD2025-11$735,0002,16464.0%

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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 →