The Fair Share Report

11 Compton Way

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.

Step 1 · Market value

≈ $502,220

Likely range $460,132 – $558,382, 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 $502,220 home should be assessed near $307,961.

Step 3 · Assessed value

$254,000

Set at the last town-wide revaluation and mostly frozen since. That's $53,961 below what the ratio math suggests (17.5%).

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

$9,418/yr
Public schools$3,835
Mercer County$2,111
Town of Hamilton$3,472
Hamilton average$8,075

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

Town median 51.7%
This home · 50.6%

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)

AddressSoldPriceSq ftRatio
169 ELTON AVE2025-07$565,0001,72747.5%
1994 KLOCKNER RD2026-05$470,0001,69056.4%
2 SHEFFIELD RD2025-12$450,0001,63255.4%
9 TAR HEELS RD2025-08$525,0001,71555.5%
3847 MER-QUAKER BR RD2025-09$521,0001,74852.4%
22 OVINGTON DR2025-12$475,0001,58847.4%
18 WOLFPACK RD2026-02$575,0001,71548.8%
8 MINT LEAF DR2026-04$529,9001,66460.3%
704 DANIELS AVE2026-01$475,0001,64658.6%
47 WESLEYAN DR2025-12$632,0001,73644.3%
14 CHESTER AVE2025-10$480,0001,80855.6%
18 COMPTON WAY2025-10$435,0001,49955.5%

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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 →