The Fair Share Report

116 Silver 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.

Step 1 · Market value

≈ $292,035

Likely range $265,000 – $311,236, from 12 comparable Hamilton sales in the past 18 months, at this home's 1,148 sq ft.

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 $292,035 home should be assessed near $179,076.

Step 3 · Assessed value

$115,100

Set at the last town-wide revaluation and mostly frozen since. That's $63,976 below what the ratio math suggests (35.7%).

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

$4,268/yr
Public schools$1,738
Mercer County$956
Town of Hamilton$1,573
Hamilton average$8,075

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

Town median 51.7%
This home · 39.4%

32%77%

Keep quiet and enjoy it

This home's assessment ratio sits below the Hamilton pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
2116 SILVER COURT2026-06$281,0001,14841.0%
1816 SILVER COURT2026-05$265,0001,14843.4%
1316 SILVER COURT2026-03$210,0001,14854.8%
201 SILVER COURT2025-08$299,0001,14838.5%
2101 SILVER COURT2025-01$285,0001,14840.4%
615 SILVER COURT2025-07$250,1001,12045.4%
302 SILVER COURT2025-05$250,0001,12045.4%
70 PINEWOOD DR2026-06$305,0001,12546.4%
112 CHAMBORD CT2025-12$290,0001,14051.3%
71 CHAMBORD CT2025-08$311,0001,14052.9%
86 CHAMBORD CT2025-07$315,0001,14048.9%
86 LEHAVRE CT2025-04$360,0001,14041.4%

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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 →