The Fair Share Report
16 Apollo 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $630,626 – $747,231, 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 $689,972 home should be assessed near $423,091.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $65,491 below what the ratio math suggests (15.5%).
Step 4 · The tax rate — same for every Hamilton home
$1.510 Schools · 41% $0.831 County · 22% $1.367 Town · 37%
This home's own bill implies $3.638 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Hamilton sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 20 ELKSHEAD TERR | 2025-07 | $655,000 | 2,420 | 59.0% |
| 21 VILLAGE DR | 2026-01 | $700,000 | 2,336 | 54.8% |
| 2 ERICA LYNNE WAY | 2025-07 | $715,023 | 2,443 | 53.9% |
| 16 BRUIN DR | 2025-05 | $680,000 | 2,264 | 48.3% |
| 12 APOLLO DR | 2025-06 | $640,000 | 2,592 | 55.5% |
| 111 ROBIN DR | 2025-11 | $625,000 | 2,264 | 52.4% |
| 3 VALLI COURT | 2026-05 | $745,000 | 2,376 | 49.7% |
| 85 TUDOR DR | 2025-11 | $689,000 | 2,495 | 54.9% |
| 16 GUILFORD LA | 2025-10 | $610,000 | 2,341 | 50.6% |
| 14 BAGGALEY RD | 2025-11 | $640,000 | 2,784 | 60.9% |
| 72 HAMILTON LAKES DRIVE | 2025-04 | $652,000 | 2,166 | 47.5% |
| 62 NEW COLONY DR | 2025-12 | $735,000 | 2,264 | 47.8% |
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