The Fair Share Report
159 Maddock Ave
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 $352,716 – $474,109, 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 $416,970 home should be assessed near $255,686.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $66,986 below what the ratio math suggests (26.2%).
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
34%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 |
|---|---|---|---|---|
| 21 GODFREY DR | 2025-05 | $485,000 | 1,385 | 48.1% |
| 27 OLDEN TERR | 2025-11 | $400,000 | 1,320 | 47.6% |
| 533 TINDALL AVE | 2025-05 | $310,000 | 1,332 | 48.3% |
| 3700 S CLINTON AVE | 2026-05 | $390,000 | 1,456 | 47.5% |
| 353 REDWOOD AVE | 2026-03 | $450,000 | 1,332 | 44.0% |
| 3 SEDGWICK RD | 2025-07 | $380,000 | 1,440 | 73.1% |
| 28 SOLOFF DR | 2025-01 | $335,000 | 1,449 | 44.7% |
| 537 TINDALL AVE | 2025-07 | $361,300 | 1,334 | 45.0% |
| 415 ROWAN AVE | 2025-06 | $380,000 | 1,406 | 46.4% |
| 19 GODFREY DR | 2025-02 | $420,000 | 1,292 | 46.8% |
| 44 FALMOUTH RD | 2025-12 | $430,000 | 1,344 | 48.2% |
| 436 NORWAY AVE | 2025-06 | $310,000 | 1,237 | 42.4% |
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