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.
This home's full record →Check another house →
Step 1 · Market value
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
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
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
$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%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 7 CORRAL DR | 2025-11 | $600,000 | 2,380 | 57.9% |
| 828 YDV-ALLENTOWN RD | 2025-05 | $715,000 | 2,266 | 47.7% |
| 3 AQUA TERR | 2025-11 | $880,000 | 2,746 | 46.4% |
| 319 CYPRESS LANE | 2025-12 | $678,800 | 2,622 | 52.9% |
| 390 YDV-HAM SQ RD | 2026-04 | $575,000 | 2,153 | 62.0% |
| 21 N CREST AVE | 2025-10 | $820,000 | 2,487 | 53.0% |
| 60 JONI AVE | 2025-02 | $630,000 | 2,294 | 58.3% |
| 296 EXTONVILLE RD | 2025-04 | $375,000 | 2,314 | 85.3% |
| 2 ERICA LYNNE WAY | 2025-07 | $715,023 | 2,443 | 53.9% |
| 5 FALLVIEW COURT | 2025-06 | $450,000 | 1,857 | 51.2% |
| 40 DOE DRIVE | 2025-12 | $800,000 | 2,302 | 50.4% |
| 81 SUNDANCE DRIVE | 2026-04 | $450,000 | 1,746 | 61.4% |
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