The Fair Share Report

14 Exeter Rd

Hamilton, NJ 08610

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

≈ $369,075

Likely range $197,056 – $429,410, 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 $369,075 home should be assessed near $226,317.

Step 3 · Assessed value

$140,600

Set at the last town-wide revaluation and mostly frozen since. That's $85,717 below what the ratio math suggests (37.9%).

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

$5,213/yr
Public schools$2,123
Mercer County$1,168
Town of Hamilton$1,922
Hamilton average$8,075

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

Town median 51.7%
This home · 38.1%

27%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
603 LEUCKEL AVE2025-06$370,0001,20048.5%
35 UNWIN DR2026-04$276,0001,16467.7%
333 LYNWOOD AVE2026-01$180,0001,16472.2%
26 COLERIDGE AVE2025-10$385,0001,19848.1%
51 KENWOOD TERR2025-08$220,0001,17183.7%
80 BARRICKLO ST2025-12$230,0001,24760.8%
274 CALIFORNIA AVE2025-01$350,0001,21650.7%
41 COLLINS RD2025-11$304,0001,13764.0%
150 NATRONA AVE2025-12$200,0001,195101.9%
403 DANIELS AVE2025-01$375,0001,13553.1%
933 SCHILLER AVE2026-03$420,0001,19835.5%
20 BETHANY CT2025-09$402,0001,14349.1%

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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 →