The Fair Share Report

108 Main St

Hampton, NJ 08826

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

≈ $270,000

Likely range $252,000 – $320,000, from 5 comparable Hampton sales in the past 18 months.

Step 2 · The Director's Ratio

67.80%

The state's official measure of how far Hampton assessments sit below market value — republished every October, applied town-wide. A $270,000 home should be assessed near $183,060.

Step 3 · Assessed value

$221,000

Set at the last town-wide revaluation and mostly frozen since. That's $37,940 above what the ratio math suggests (20.7%).

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

$4.015 per $100 assessed

$2.762 Schools · 69% $0.424 County · 11% $0.829 Town · 21%

Step 5 · The bill

$8,875/yr
Public schools$6,106
Hunterdon County$937
Town of Hampton$1,833
Hampton average$9,810

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

Town median 68.9%
This home · 81.9%

50%96%

Paying about right

This home's ratio lands inside Hampton'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
114-116 MAIN ST2025-05$270,0002,20890.0%
43 E GRAND ST2026-02$150,0004,95867.1%
16 FOSS AVE2025-01$390,00088057.0%
16 E MAIN STREET2025-09$320,0002,40182.6%
12 E MAIN STREET2026-04$252,0001,22468.9%

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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 →