The Fair Share Report

12 Exeter Rd

Hamilton, NJ 08610

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

≈ $445,776

Likely range $384,668 – $464,631, 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 $445,776 home should be assessed near $273,350.

Step 3 · Assessed value

$175,700

Set at the last town-wide revaluation and mostly frozen since. That's $97,650 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

$6,515/yr
Public schools$2,653
Mercer County$1,460
Town of Hamilton$2,402
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
44 LIVINGSTON DR2025-11$525,0001,51640.9%
2911 MER-QUAKER BR RD2026-06$455,0001,45246.2%
13 RAVINE DR2025-06$439,0001,43148.7%
229 SHERWOOD AVE2025-01$425,0001,49248.4%
6 ALTON RD2025-11$452,0001,46453.6%
14 SYCAMORE WAY2025-11$489,9991,47847.3%
50 HILLHURST AVE2026-05$290,0001,54874.7%
3 HAROLD DR2026-02$437,5001,54847.8%
14 MIRY BROOK RD2026-03$480,0001,48050.2%
31 ROLLING LA2025-10$460,0001,52054.6%
28 SOLOFF DR2025-01$335,0001,44944.7%
3700 S CLINTON AVE2026-05$390,0001,45647.5%

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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 →