The Fair Share Report
16 Exeter Rd
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 $186,186 – $417,155, 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 $383,590 home should be assessed near $235,217.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $99,817 below what the ratio math suggests (42.4%).
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
27%78%
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 |
|---|---|---|---|---|
| 51 KENWOOD TERR | 2025-08 | $220,000 | 1,171 | 83.7% |
| 403 DANIELS AVE | 2025-01 | $375,000 | 1,135 | 53.1% |
| 333 LYNWOOD AVE | 2026-01 | $180,000 | 1,164 | 72.2% |
| 241 FENWOOD AVE | 2026-06 | $420,000 | 1,164 | 45.3% |
| 35 UNWIN DR | 2026-04 | $276,000 | 1,164 | 67.7% |
| 16 BENSON LA | 2025-07 | $394,900 | 1,136 | 46.2% |
| 41 COLLINS RD | 2025-11 | $304,000 | 1,137 | 64.0% |
| 150 NATRONA AVE | 2025-12 | $200,000 | 1,195 | 101.9% |
| 20 MAGUIRE RD | 2025-03 | $420,000 | 1,136 | 47.0% |
| 949 SCHILLER AVE | 2025-12 | $400,000 | 1,188 | 35.5% |
| 20 BETHANY CT | 2025-09 | $402,000 | 1,143 | 49.1% |
| 222 W PARK AVE | 2026-05 | $230,000 | 1,076 | 64.3% |
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