The Fair Share Report
128 Third Ave
Hamilton, NJ 08619
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 $136,443 – $332,591, 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 $277,721 home should be assessed near $170,299.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $10,601 above what the ratio math suggests (6.2%).
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%138%
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 |
|---|---|---|---|---|
| 2610 NOTTINGHAM WAY | 2025-07 | $330,000 | 1,236 | 54.2% |
| 256 FIELD AVE | 2025-11 | $220,000 | 1,328 | 66.6% |
| 38 CAMDEN AVE | 2026-06 | $250,000 | 1,290 | 63.3% |
| 868 KLOCKNER AVE | 2025-08 | $150,000 | 1,198 | 101.1% |
| 44 BISMARK AVE | 2025-12 | $140,000 | 1,254 | 101.4% |
| 249 PRINCETON AVE | 2025-10 | $337,000 | 1,391 | 47.7% |
| 249 PRINCETON AVE | 2025-08 | $176,000 | 1,391 | 91.3% |
| 1350 CEDAR LA | 2025-11 | $138,000 | 1,580 | 122.8% |
| 46 CUNNINGHAM AVE | 2026-03 | $370,000 | 1,568 | 53.7% |
| 82 HAUSER AVE | 2025-07 | $410,000 | 1,282 | 50.6% |
| 507 VETTERLEIN AVE | 2025-11 | $325,000 | 1,264 | 46.8% |
| 624 HUNT AVE | 2025-11 | $330,000 | 1,314 | 41.2% |
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