The Fair Share Report

11 Hamid Ct

Hamilton, NJ 08080

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

≈ $529,834

Likely range $446,176 – $558,918, 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 $529,834 home should be assessed near $324,894.

Step 3 · Assessed value

$248,800

Set at the last town-wide revaluation and mostly frozen since. That's $76,094 below what the ratio math suggests (23.4%).

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

$9,226/yr
Public schools$3,757
Mercer County$2,068
Town of Hamilton$3,401
Hamilton average$8,075

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

Town median 51.7%
This home · 47.0%

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
22 HAMILTON LAKES DR2025-06$632,0951,79542.5%
1338 STATE HWY 332026-01$490,0001,80451.9%
248 TRENTON AVE2025-08$465,0001,76050.8%
8 CRESTWOOD DR2025-07$625,0001,73651.2%
125 EDWIN AVE2026-02$530,0001,83643.1%
2028 S OLDEN AVE2026-01$485,0001,56647.1%
1 ZELLEY AVE2025-07$520,0001,45648.9%
8 MINT LEAF DR2026-04$529,9001,66460.3%
12 TYNDALE RD2025-08$570,0001,73650.3%
111 AMHERST AVE2025-11$435,0001,62445.3%
18 WOLFPACK RD2026-02$575,0001,71548.8%
66 RUTGERS AVE2025-12$509,0001,58840.3%

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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 →