The Fair Share Report
166 Main St
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $213,605 – $314,199, 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 $251,543 home should be assessed near $154,246.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $19,746 below what the ratio math suggests (12.8%).
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
37%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 |
|---|---|---|---|---|
| 110 FIRST AVE | 2025-01 | $227,500 | 964 | 56.9% |
| 56 MAPLE SHADE AVE EAST | 2025-04 | $300,000 | 960 | 58.7% |
| 37 PARTRIDGE AVE | 2025-09 | $250,000 | 1,008 | 43.3% |
| 2587 YDV-HAM SQ RD | 2025-07 | $263,100 | 1,245 | 56.8% |
| 5 MONUMENT AVE | 2026-02 | $260,000 | 1,170 | 65.4% |
| 201 MAIN ST | 2025-06 | $150,000 | 919 | 101.4% |
| 20 LEUCKEL AVE | 2026-01 | $335,000 | 1,056 | 42.1% |
| 507 VETTERLEIN AVE | 2025-11 | $325,000 | 1,264 | 46.8% |
| 448 LYNWOOD AVE | 2025-11 | $300,000 | 1,024 | 41.0% |
| 109 N HAMILTON AVE | 2025-01 | $333,500 | 980 | 54.9% |
| 1349 NOTTINGHAM WAY | 2025-05 | $273,000 | 1,056 | 45.5% |
| 1853 MCGALLIARD AVE | 2025-09 | $350,000 | 984 | 48.1% |
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