The Fair Share Report

14 Dailey 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

≈ $456,008

Likely range $332,086 – $499,952, 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 $456,008 home should be assessed near $279,624.

Step 3 · Assessed value

$269,400

Set at the last town-wide revaluation and mostly frozen since. That's $10,224 below what the ratio math suggests (3.7%).

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

$9,989/yr
Public schools$4,068
Mercer County$2,239
Town of Hamilton$3,683
Hamilton average$8,075

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

Town median 51.7%
This home · 59.1%

38%87%

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
15 CONSTANCE DR2025-08$469,0001,87357.2%
32 HARTMAN DR2026-04$450,0001,75354.2%
325 JENCOHALLO AVE2025-03$230,0001,76476.8%
45 BERREL AVE2025-01$499,0001,86458.2%
316 W PARK AVE2025-10$370,0001,91452.7%
3 HEIGHTS TERR2025-10$450,0001,73655.8%
8 DAILEY DR2025-10$530,0001,79249.1%
54 MAE DR2025-07$430,0001,73657.0%
389 REGINA AVE2025-06$570,0001,83249.9%
3 SOLOFF DR2025-10$320,0001,67358.2%
90 HEMPSTEAD RD2026-04$490,0001,82347.7%
324 MONTANA AVE2025-12$455,0001,90350.0%

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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 →