The Fair Share Report
15 Appleton Dr
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $264,244 – $424,388, from 12 comparable Hamilton sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Hamilton assessments sit below market value — republished every October, applied town-wide. A $364,758 home should be assessed near $223,670.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $45,570 below what the ratio math suggests (20.4%).
Step 4 · The tax rate — same for every Hamilton home
$1.510 Schools · 41% $0.831 County · 22% $1.367 Town · 37%
Step 5 · The bill
This home vs. every recent Hamilton sale · assessed ÷ market
37%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 35 UNWIN DR | 2026-04 | $276,000 | 1,164 | 67.7% |
| 51 KENWOOD TERR | 2025-08 | $220,000 | 1,171 | 83.7% |
| 603 LEUCKEL AVE | 2025-06 | $370,000 | 1,200 | 48.5% |
| 333 LYNWOOD AVE | 2026-01 | $180,000 | 1,164 | 72.2% |
| 26 COLERIDGE AVE | 2025-10 | $385,000 | 1,198 | 48.1% |
| 41 COLLINS RD | 2025-11 | $304,000 | 1,137 | 64.0% |
| 274 CALIFORNIA AVE | 2025-01 | $350,000 | 1,216 | 50.7% |
| 20 BETHANY CT | 2025-09 | $402,000 | 1,143 | 49.1% |
| 102 ARMOUR AVE | 2025-08 | $340,000 | 1,171 | 51.1% |
| 933 SCHILLER AVE | 2026-03 | $420,000 | 1,198 | 35.5% |
| 80 BARRICKLO ST | 2025-12 | $230,000 | 1,247 | 60.8% |
| 403 DANIELS AVE | 2025-01 | $375,000 | 1,135 | 53.1% |
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