The Fair Share Report

16 Bear Ct

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.

Step 1 · Market value

≈ $1,023,571

Likely range $888,856 – $1,147,945, 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 $1,023,571 home should be assessed near $627,654.

Step 3 · Assessed value

$618,300

Set at the last town-wide revaluation and mostly frozen since. That's $9,354 below what the ratio math suggests (1.5%).

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

$22,927/yr
Public schools$9,336
Mercer County$5,138
Town of Hamilton$8,452
Hamilton average$8,075

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

Town median 51.7%
This home · 60.4%

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)

AddressSoldPriceSq ftRatio
420 EXTON-ALLENTOWN RD2026-01$925,0003,53346.4%
59 GREAT OAK RD2025-08$850,0003,24054.1%
129-131 STATE HWY 1562025-10$700,0004,32046.7%
104 ROBIN DR2026-03$750,0003,64860.1%
14 SCALIA CT2026-01$940,0004,40463.1%
6 PINE BROOK COURT2025-05$1,150,0004,80052.3%
3 INNOCENZI DR2025-07$600,0003,24073.2%
3 AQUA TERR2025-11$880,0002,74646.4%
264 EDGEBROOK RD2025-12$850,0003,19443.2%
40 TAR HEELS RD EAST2025-11$785,0003,36755.0%
924 HUGHES DR2026-01$690,0003,16058.8%
2 MICHAEL MCCORRISTIN RD2025-06$700,0002,94059.8%

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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 →