Born in Philadelphia, Pennsylvania, Bacharach moved to New Jersey in 1881 with his parents, who settled in Atlantic City, New Jersey, where he attended the public schools. He entered the real-estate business and also became interested in the lumber business and in banking. He served as member of the council of Atlantic City from 1905 to 1910, and served as a member of the New Jersey General Assembly in 1911. His brother, Harry Bacharach, was also involved in Atlantic City politics and served several terms as mayor.
Bacharach was elected as a Republican to the Sixty-fourth and to the ten succeeding Congresses, serving in office from March 4, 1915 to January 3, 1937, but was an unsuccessful candidate for reelection in 1936 to the Seventy-fifth Congress. He was also a delegate to the 1920 Republican National Convention in Chicago.