The Fair Share Report
1 Sutton Dr
Hamilton, NJ 08690
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $414,065 – $543,743, from 12 comparable Hamilton sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Hamilton assessments sit below market value — republished every October, applied town-wide. A $520,219 home should be assessed near $318,998.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $56,398 below what the ratio math suggests (17.7%).
Step 4 · The tax rate — same for every Hamilton home
$1.510 Schools · 41% $0.831 County · 22% $1.367 Town · 37%
Step 5 · The bill
This home vs. every recent Hamilton sale · assessed ÷ market
38%77%
Paying about right
This home's ratio lands inside Hamilton's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 12 MARIO DR | 2025-06 | $535,000 | 1,740 | 49.2% |
| 3 HEIGHTS TERR | 2025-10 | $450,000 | 1,736 | 55.8% |
| 325 JENCOHALLO AVE | 2025-03 | $230,000 | 1,764 | 76.8% |
| 88 MADISON AVE | 2025-07 | $425,000 | 1,742 | 48.0% |
| 32 HARTMAN DR | 2026-04 | $450,000 | 1,753 | 54.2% |
| 77 GARY DR | 2026-05 | $525,000 | 1,757 | 47.0% |
| 23 DAN RD | 2026-01 | $499,000 | 1,609 | 55.6% |
| 54 MAE DR | 2025-07 | $430,000 | 1,736 | 57.0% |
| 25 WESLEYAN DR | 2025-07 | $540,000 | 1,646 | 51.4% |
| 36 NANCY DR | 2025-02 | $485,000 | 1,560 | 53.4% |
| 3 SOLOFF DR | 2025-10 | $320,000 | 1,673 | 58.2% |
| 864 ESTATES BLVD | 2025-06 | $520,000 | 1,757 | 48.9% |
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