The Fair Share Report

11 Exeter Rd

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

≈ $372,788

Likely range $298,060 – $414,771, 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 $372,788 home should be assessed near $228,594.

Step 3 · Assessed value

$135,200

Set at the last town-wide revaluation and mostly frozen since. That's $93,394 below what the ratio math suggests (40.9%).

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

$5,013/yr
Public schools$2,042
Mercer County$1,124
Town of Hamilton$1,848
Hamilton average$8,075

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

Town median 51.7%
This home · 36.3%

27%77%

Keep quiet and enjoy it

This home's assessment ratio sits below the Hamilton pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
35 UNWIN DR2026-04$276,0001,16467.7%
41 COLLINS RD2025-11$304,0001,13764.0%
333 LYNWOOD AVE2026-01$180,0001,16472.2%
403 DANIELS AVE2025-01$375,0001,13553.1%
51 KENWOOD TERR2025-08$220,0001,17183.7%
20 BETHANY CT2025-09$402,0001,14349.1%
604 SCHILLER AVE2026-01$457,0001,16437.3%
603 LEUCKEL AVE2025-06$370,0001,20048.5%
25 SHACKAMAXON DR2025-08$415,0001,07551.3%
35 HASTINGS RD2025-08$400,0001,15448.5%
16 BENSON LA2025-07$394,9001,13646.2%
102 ARMOUR AVE2025-08$340,0001,17151.1%

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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 →