The Fair Share Report

5 State St

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

≈ $395,172

Likely range $337,822 – $470,389, 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 $395,172 home should be assessed near $424,454.

Step 3 · Assessed value

$247,200

Set at the last town-wide revaluation and mostly frozen since. That's $177,254 below what the ratio math suggests (41.8%).

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

$4,996/yr
Public schools$3,471
Hunterdon County$781
Town of Bethlehem$744
Bethlehem average$12,242

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

Town median 91.1%
This home · 62.6%

47%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
101 BLOSSOM ROAD2025-02$360,0001,044112.1%
385 TUNNEL ROAD2025-11$525,0001,40079.2%
903 MOUNTAIN VIEW ROAD2025-05$571,0001,34488.0%
317 COUNTY ROUTE 5792026-01$425,0001,400109.8%
285 COUNTY ROUTE 5792026-03$400,0001,71683.5%
502 LUDLOW STATION RD2025-09$525,0001,31690.2%
125 VALLEY STATION ROAD2025-05$500,0001,55694.7%
263 ASBURY-WEST PORTAL2025-06$425,00085078.8%
311 NORTH POLKTOWN ROAD2026-02$680,0001,71586.3%
526 CHARLESTOWN ROAD2025-01$335,0001,39991.1%
14 TULIP LANE2026-01$412,5001,60688.2%
366 TUNNEL ROAD2025-09$320,000700102.1%

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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 →