The Fair Share Report
1632 E State St
Hamilton, NJ 08609
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 $77,215 – $269,804, 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 $127,607 home should be assessed near $78,249.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $29,549 below what the ratio math suggests (37.8%).
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
13%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 |
|---|---|---|---|---|
| 1723 ROBERTS AVE | 2025-06 | $90,500 | 704 | 45.1% |
| 128 SALLIE ST | 2025-11 | $136,500 | 660 | 52.2% |
| 128 SALLIE ST | 2025-10 | $50,000 | 660 | 142.4% |
| 86 OLYMPIA AVE | 2025-03 | $200,000 | 500 | 36.4% |
| 18 ELIZABETH AVE | 2025-07 | $242,500 | 840 | 26.1% |
| 154 DURAND AVE | 2025-10 | $75,000 | 964 | 82.7% |
| 201 TIPTON ST | 2025-06 | $320,000 | 676 | 30.1% |
| 249 HOBART AVE | 2025-02 | $136,000 | 910 | 65.3% |
| 627 SCHILLER AVE | 2026-02 | $145,000 | 1,048 | 46.6% |
| 919 WILLIAM ST | 2025-08 | $117,000 | 843 | 50.8% |
| 116 TINDALL AVE | 2025-04 | $195,000 | 924 | 36.0% |
| 61 COONEY AVE | 2026-05 | $280,000 | 656 | 44.0% |
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