The Fair Share Report

16 E Acres 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.

Step 1 · Market value

≈ $621,649

Likely range $561,176 – $702,379, from 12 comparable Hamilton sales in the past 18 months, at this home's 2,226 sq ft.

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 $621,649 home should be assessed near $381,195.

Step 3 · Assessed value

$291,900

Set at the last town-wide revaluation and mostly frozen since. That's $89,295 below what the ratio math suggests (23.4%).

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

$10,824/yr
Public schools$4,408
Mercer County$2,426
Town of Hamilton$3,990
Hamilton average$8,075

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

Town median 51.7%
This home · 47.0%

36%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
7 CORRAL DR2025-11$600,0002,38057.9%
828 YDV-ALLENTOWN RD2025-05$715,0002,26647.7%
4503 CROSS-HAM SQ RD2026-01$625,0002,23856.2%
390 YDV-HAM SQ RD2026-04$575,0002,15362.0%
79 WOLFPACK RD2025-06$631,0002,24749.9%
62 NEW COLONY DR2025-12$735,0002,26447.8%
31 WOLFPACK RD2026-05$747,5002,25043.8%
31 WOLFPACK RD2025-06$675,0002,25048.5%
296 EXTONVILLE RD2025-04$375,0002,31485.3%
3 AQUA TERR2025-11$880,0002,74646.4%
87 LIMEWOOD DR2026-03$590,0002,40757.6%
150 MAIN ST2025-12$450,0001,75271.1%

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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 →