The Fair Share Report
11 Ithaca Ct
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $294,398 – $436,339, from 12 comparable Hamilton sales in the past 18 months, at this home's 1,629 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Hamilton assessments sit below market value — republished every October, applied town-wide. A $398,776 home should be assessed near $244,529.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $8,771 above what the ratio math suggests (3.6%).
Step 4 · The tax rate — same for every Hamilton home
$1.510 Schools · 41% $0.831 County · 22% $1.367 Town · 37%
Step 5 · The bill
This home vs. every recent Hamilton sale · assessed ÷ market
38%91%
A touch high — worth watching
This home's ratio sits above most of Hamilton, but doesn't clear NJ's legal appeal line (70.52%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 42 REDFERN ST | 2025-10 | $425,000 | 1,612 | 42.7% |
| 327 MCADOO AVE | 2026-05 | $400,000 | 1,634 | 55.7% |
| 408 CONNECTICUT AVE | 2025-12 | $260,000 | 1,721 | 69.2% |
| 3 HAROLD DR | 2026-02 | $437,500 | 1,548 | 47.8% |
| 50 HILLHURST AVE | 2026-05 | $290,000 | 1,548 | 74.7% |
| 3 SOLOFF DR | 2025-10 | $320,000 | 1,673 | 58.2% |
| 24 OLYMPIA AVE | 2026-02 | $225,000 | 1,653 | 87.2% |
| 31 ROLLING LA | 2025-10 | $460,000 | 1,520 | 54.6% |
| 3 HEIGHTS TERR | 2025-10 | $450,000 | 1,736 | 55.8% |
| 229 PARKINSON AVE | 2026-05 | $300,000 | 1,660 | 56.9% |
| 3700 S CLINTON AVE | 2026-05 | $390,000 | 1,456 | 47.5% |
| 44 LIVINGSTON DR | 2025-11 | $525,000 | 1,516 | 40.9% |
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