The Fair Share Report

11 Mill Rd

Hamilton, NJ 08620

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

≈ $690,034

Likely range $638,584 – $811,668, 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 $690,034 home should be assessed near $423,129.

Step 3 · Assessed value

$362,500

Set at the last town-wide revaluation and mostly frozen since. That's $60,629 below what the ratio math suggests (14.3%).

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

$13,442/yr
Public schools$5,474
Mercer County$3,012
Town of Hamilton$4,955
Hamilton average$8,075

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

Town median 51.7%
This home · 52.5%

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
7 CORRAL DR2025-11$600,0002,38057.9%
828 YDV-ALLENTOWN RD2025-05$715,0002,26647.7%
3 AQUA TERR2025-11$880,0002,74646.4%
319 CYPRESS LANE2025-12$678,8002,62252.9%
390 YDV-HAM SQ RD2026-04$575,0002,15362.0%
21 N CREST AVE2025-10$820,0002,48753.0%
60 JONI AVE2025-02$630,0002,29458.3%
296 EXTONVILLE RD2025-04$375,0002,31485.3%
2 ERICA LYNNE WAY2025-07$715,0232,44353.9%
5 FALLVIEW COURT2025-06$450,0001,85751.2%
40 DOE DRIVE2025-12$800,0002,30250.4%
81 SUNDANCE DRIVE2026-04$450,0001,74661.4%

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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 →