The Fair Share Report

13 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.

Step 1 · Market value

≈ $640,748

Likely range $581,965 – $690,497, 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 $640,748 home should be assessed near $392,907.

Step 3 · Assessed value

$367,800

Set at the last town-wide revaluation and mostly frozen since. That's $25,107 below what the ratio math suggests (6.4%).

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

$13,638/yr
Public schools$5,554
Mercer County$3,056
Town of Hamilton$5,028
Hamilton average$8,075

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

Town median 51.7%
This home · 57.4%

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)

AddressSoldPriceSq ftRatio
16 GUILFORD LA2025-10$610,0002,34150.6%
85 TUDOR DR2025-11$689,0002,49554.9%
5 MISTY PINE LA2025-08$600,0002,42450.1%
200 ARMOUR AVE2025-01$405,0002,32265.0%
28 COLD SPRING RD2025-04$485,0002,49665.0%
19 STRASSBERG CT2025-07$656,5002,26654.7%
411 FLOCK RD2025-10$570,0002,66457.4%
14 YORKSHIRE RD2025-09$605,0002,40850.8%
11 SANDTOWN TERR2025-12$635,0002,54758.0%
6 MARKSBORO WAY2025-01$540,0002,24557.8%
20 ELKSHEAD TERR2025-07$655,0002,42059.0%
11 MORO DR2025-07$660,0002,26454.3%

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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 →