The Fair Share Report

8 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

≈ $720,242

Likely range $637,111 – $817,269, from 12 comparable Bethlehem sales in the past 18 months, at this home's 2,708 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 $720,242 home should be assessed near $773,612.

Step 3 · Assessed value

$720,000

Set at the last town-wide revaluation and mostly frozen since. That's $53,612 below what the ratio math suggests (6.9%).

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

$16,572/yr
Public schools$11,513
Hunterdon County$2,591
Town of Bethlehem$2,468
Bethlehem average$12,242

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

Town median 91.1%
This home · 100.0%

76%118%

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
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%
102 HOFFMAN LANE2026-05$875,0003,570109.9%
1 MICHAELS COURT2025-05$787,0002,959111.3%
505 LANNON LANE2026-05$705,0002,33681.9%
10 MORNINGSTAR LANE2025-04$450,0002,70694.4%
14 KALAN FARM ROAD2025-12$845,0003,546101.9%
478 CHARLESTOWN ROAD2026-02$640,0002,911100.4%
13 KENSINGTON COURT2025-08$886,9003,82291.1%
42 WITTE ROAD2025-11$532,0002,13885.0%
17 THOMAS ROAD2025-06$745,0002,26277.4%

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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 →