The Fair Share Report
12 Stratton Dr
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $532,539 – $643,771, 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 $603,932 home should be assessed near $370,331.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $28,331 below what the ratio math suggests (7.7%).
Step 4 · The tax rate — same for every Hamilton home
$1.510 Schools · 41% $0.831 County · 22% $1.367 Town · 37%
This home's own bill implies $3.635 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
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 |
|---|---|---|---|---|
| 19 STRASSBERG CT | 2025-07 | $656,500 | 2,266 | 54.7% |
| 6 MARKSBORO WAY | 2025-01 | $540,000 | 2,245 | 57.8% |
| 11 MORO DR | 2025-07 | $660,000 | 2,264 | 54.3% |
| 20 MORO DR | 2026-02 | $625,000 | 2,252 | 53.8% |
| 200 ARMOUR AVE | 2025-01 | $405,000 | 2,322 | 65.0% |
| 16 BRUIN DR | 2025-05 | $680,000 | 2,264 | 48.3% |
| 8 OAKEN LA | 2025-09 | $630,000 | 2,236 | 48.4% |
| 16 GUILFORD LA | 2025-10 | $610,000 | 2,341 | 50.6% |
| 51 BOLTON RD | 2026-05 | $553,000 | 2,245 | 53.1% |
| 61 TUDOR DR | 2025-07 | $605,000 | 2,266 | 58.8% |
| 21 STRATTON DR | 2025-09 | $545,000 | 2,074 | 56.3% |
| 2490 SYLVAN AVE | 2026-05 | $549,000 | 2,025 | 50.9% |
Is this your house?
Run your own report →