The Fair Share Report

5 Garner Rd

Bethlehem, NJ 08804

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

≈ $757,415

Likely range $627,418 – $825,406, 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 $757,415 home should be assessed near $813,539.

Step 3 · Assessed value

$646,900

Set at the last town-wide revaluation and mostly frozen since. That's $166,639 below what the ratio math suggests (20.5%).

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

$13,074/yr
Public schools$9,082
Hunterdon County$2,044
Town of Bethlehem$1,947
Bethlehem average$12,242

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

Town median 91.1%
This home · 85.4%

73%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
434 CHARLESTOWN ROAD2026-05$740,0002,59284.5%
205 GROSS DRIVE2026-06$815,0002,65884.2%
232 TURKEY HILL ROAD2025-09$440,0002,330132.7%
322 HACKETT ROAD2025-02$720,0002,89797.1%
17 THOMAS ROAD2025-06$745,0002,26277.4%
982 IRON BRIDGE ROAD2025-06$650,0002,17081.9%
919 IRON BRIDGE ROAD2025-12$725,0002,42284.8%
4 DEVONALD DRIVE2025-04$877,0002,42885.2%
193 ASBURY-WEST PORTAL2026-05$680,0002,39077.1%
500 CHARLESTOWN ROAD2025-11$735,0002,16464.0%
923 IRON BRIDGE RD2025-04$800,0002,98888.0%
475 CHARLESTOWN ROAD2026-06$735,0003,98197.9%

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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 →