The Fair Share Report

13 Sutton 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

≈ $478,349

Likely range $457,493 – $490,937, 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 $478,349 home should be assessed near $293,324.

Step 3 · Assessed value

$242,100

Set at the last town-wide revaluation and mostly frozen since. That's $51,224 below what the ratio math suggests (17.5%).

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

$8,977/yr
Public schools$3,656
Mercer County$2,012
Town of Hamilton$3,310
Hamilton average$8,075

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

Town median 51.7%
This home · 50.6%

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
25 WALT WHITMAN WAY2025-11$459,9001,57855.6%
7 ASHWOOD RD2025-06$455,0001,55155.4%
38 SUNNYBRAE BLVD2025-11$475,0001,56045.7%
19 TUDOR DR2025-05$479,0001,54451.7%
20 CORAL DR2026-06$485,0001,55653.6%
35 WESLEYAN DR2026-02$450,0001,61258.2%
29 WESLEYAN DR2025-09$478,0001,61254.5%
5 BLACKBIRD DR2025-04$525,0001,68750.7%
20 GOEKE DR2025-03$250,0001,450106.5%
864 ESTATES BLVD2025-06$520,0001,75748.9%
34 SYCAMORE WAY2025-06$550,0001,47847.3%
30 ROCKROYAL RD2025-10$485,0001,56050.3%

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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 →