The Fair Share Report

14 Apollo Dr

Hamilton, NJ 08620

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

≈ $601,270

Likely range $497,689 – $627,490, 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 $601,270 home should be assessed near $368,699.

Step 3 · Assessed value

$289,700

Set at the last town-wide revaluation and mostly frozen since. That's $78,999 below what the ratio math suggests (21.4%).

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

$10,742/yr
Public schools$4,374
Mercer County$2,407
Town of Hamilton$3,960
Hamilton average$8,075

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

Town median 51.7%
This home · 48.2%

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
32 HOBBS RD2025-02$498,0001,90554.7%
4 KRISTIN WAY2025-06$525,0001,88556.1%
21 KRISTIN WAY2025-09$570,0001,88151.9%
1338 STATE HWY 332026-01$490,0001,80451.9%
7 PINEHURST CT2026-01$640,0002,01654.8%
8 CRESTWOOD DR2025-07$625,0001,73651.2%
12 TYNDALE RD2025-08$570,0001,73650.3%
57 TAR HEELS RD2026-06$610,0001,85947.8%
2490 SYLVAN AVE2026-05$549,0002,02550.9%
47 FOY DRIVE2025-05$591,0001,79653.6%
22 HAMILTON LAKES DR2025-06$632,0951,79542.5%
6 STRASSBERG CT2026-05$600,0001,98757.8%

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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 →