The Fair Share Report

14 Dan Rd

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

≈ $491,959

Likely range $403,858 – $531,132, 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 $491,959 home should be assessed near $301,669.

Step 3 · Assessed value

$256,200

Set at the last town-wide revaluation and mostly frozen since. That's $45,469 below what the ratio math suggests (15.1%).

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

$9,500/yr
Public schools$3,869
Mercer County$2,129
Town of Hamilton$3,502
Hamilton average$8,075

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

Town median 51.7%
This home · 52.1%

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
5 BLACKBIRD DR2025-04$525,0001,68750.7%
35 WESLEYAN DR2026-02$450,0001,61258.2%
29 WESLEYAN DR2025-09$478,0001,61254.5%
25 WESLEYAN DR2025-07$540,0001,64651.4%
77 GARY DR2026-05$525,0001,75747.0%
1981 ARENA DR2025-10$181,5001,694127.5%
864 ESTATES BLVD2025-06$520,0001,75748.9%
88 MADISON AVE2025-07$425,0001,74248.0%
90 HEMPSTEAD RD2026-04$490,0001,82347.7%
3 HESS WAY2025-08$510,0001,60249.7%
54 MAE DR2025-07$430,0001,73657.0%
4 MARLOW CT2025-02$525,0001,89046.7%

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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 →