The Fair Share Report

11 Appleton Dr

Hamilton, NJ 08610

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

≈ $379,537

Likely range $260,826 – $422,280, 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 $379,537 home should be assessed near $232,732.

Step 3 · Assessed value

$177,500

Set at the last town-wide revaluation and mostly frozen since. That's $55,232 below what the ratio math suggests (23.7%).

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

$6,582/yr
Public schools$2,680
Mercer County$1,475
Town of Hamilton$2,426
Hamilton average$8,075

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

Town median 51.7%
This home · 46.8%

37%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)

AddressSoldPriceSq ftRatio
51 KENWOOD TERR2025-08$220,0001,17183.7%
35 UNWIN DR2026-04$276,0001,16467.7%
403 DANIELS AVE2025-01$375,0001,13553.1%
333 LYNWOOD AVE2026-01$180,0001,16472.2%
16 BENSON LA2025-07$394,9001,13646.2%
949 SCHILLER AVE2025-12$400,0001,18835.5%
241 FENWOOD AVE2026-06$420,0001,16445.3%
150 NATRONA AVE2025-12$200,0001,195101.9%
20 BETHANY CT2025-09$402,0001,14349.1%
23 BEAUMONT RD2025-12$465,0001,17643.4%
41 COLLINS RD2025-11$304,0001,13764.0%
26 COLERIDGE AVE2025-10$385,0001,19848.1%

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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 →