The Fair Share Report

100 Third Ave

Hamilton, NJ 08619

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

≈ $335,313

Likely range $216,125 – $371,207, from 12 comparable Hamilton sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

61.32%

The state's official measure of how far Hamilton assessments sit below market value — republished every October, applied town-wide. A $335,313 home should be assessed near $205,614.

Step 3 · Assessed value

$195,800

Set at the last town-wide revaluation and mostly frozen since. That's $9,814 below what the ratio math suggests (4.8%).

Step 4 · The tax rate — same for every Hamilton home

$3.708 per $100 assessed

$1.510 Schools · 41% $0.831 County · 22% $1.367 Town · 37%

Step 5 · The bill

$7,260/yr
Public schools$2,957
Mercer County$1,627
Town of Hamilton$2,677
Hamilton average$8,075

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

Town median 51.7%
This home · 58.4%

38%96%

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)

AddressSoldPriceSq ftRatio
3346 NOTTINGHAM WAY2026-02$195,0001,33285.4%
659 HUNT AVE2025-07$365,0001,64059.1%
2414 HAMILTON AVE2026-05$330,0001,49855.6%
184 GRAND AVE2025-03$329,0001,32641.7%
256 FIELD AVE2025-11$220,0001,32866.6%
249 PRINCETON AVE2025-10$337,0001,39147.7%
249 PRINCETON AVE2025-08$176,0001,39191.3%
2526 LIBERTY ST2025-06$360,0001,40048.7%
46 CUNNINGHAM AVE2026-03$370,0001,56853.7%
1782 EXTON AVE2025-12$450,0001,54349.6%
1350 CEDAR LA2025-11$138,0001,580122.8%
503 W PARK AVE2025-02$273,5001,41174.7%

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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 →