The Fair Share Report

16 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.

Step 1 · Market value

≈ $406,000

Likely range $349,159 – $461,652, 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 $406,000 home should be assessed near $248,959.

Step 3 · Assessed value

$169,000

Set at the last town-wide revaluation and mostly frozen since. That's $79,959 below what the ratio math suggests (32.1%).

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

$6,267/yr
Public schools$2,552
Mercer County$1,404
Town of Hamilton$2,310
Hamilton average$8,075

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

Town median 51.7%
This home · 41.6%

31%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
16 ALBEMARLE RD2025-08$366,0001,09256.0%
18 MIDDLETON DR2025-08$515,0001,13647.5%
32 SARANAC RD2025-09$469,9001,14446.2%
769 WH-MER RD2025-10$210,0001,06489.9%
769 WH-MER RD2025-05$200,0001,06494.3%
125 LENOX AVE2026-04$330,0001,06849.7%
16 TAPPAN AVE2026-06$385,0001,09454.6%
5 DELOTTO DR2025-11$470,0001,12846.6%
1 PHEASANT LA2025-06$420,0001,14051.0%
886 WH-HAM SQ RD2025-09$350,0001,07551.8%
127 HOOVER AVE2025-03$425,0001,10542.8%
3 DELOTTO DR2026-05$472,5001,10445.7%

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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 →