The Fair Share Report
1122 William St
Hamilton, NJ 08081
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 $103,926 – $278,013, 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 $174,871 home should be assessed near $107,231.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $5,631 below what the ratio math suggests (5.3%).
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
31%103%
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 |
|---|---|---|---|---|
| 201 MAIN ST | 2025-06 | $150,000 | 919 | 101.4% |
| 49 MARTINS LA | 2025-12 | $135,000 | 1,116 | 100.1% |
| 191 MAIN ST | 2025-04 | $250,000 | 864 | 49.3% |
| 218 SEWELL AVE | 2025-03 | $105,000 | 1,022 | 116.2% |
| 26 BENSON AVE | 2026-06 | $342,000 | 933 | 36.6% |
| 240 HOBART AVE | 2025-09 | $135,000 | 896 | 56.7% |
| 116 TINDALL AVE | 2025-04 | $195,000 | 924 | 36.0% |
| 919 WILLIAM ST | 2025-08 | $117,000 | 843 | 50.8% |
| 82 CHEVERNY CT | 2025-09 | $300,000 | 1,005 | 45.9% |
| 65 CHEVERNY CT | 2025-06 | $116,900 | 1,005 | 117.9% |
| 403 CHURCH ST | 2026-03 | $335,000 | 1,402 | 41.6% |
| 976 KLOCKNER RD | 2025-09 | $332,000 | 1,212 | 43.0% |
Is this your house?
Run your own report →