The Fair Share Report

17 Appleton Dr

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.

Step 1 · Market value

≈ $297,415

Likely range $216,750 – $323,654, from 12 comparable Hamilton sales in the past 18 months, at this home's 816 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 $297,415 home should be assessed near $182,375.

Step 3 · Assessed value

$167,300

Set at the last town-wide revaluation and mostly frozen since. That's $15,075 below what the ratio math suggests (8.3%).

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

$6,203/yr
Public schools$2,526
Mercer County$1,390
Town of Hamilton$2,287
Hamilton average$8,075

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

Town median 51.7%
This home · 56.3%

38%83%

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
2445 LIBERTY ST2025-07$325,00086450.8%
25 BYRON AVE2026-06$330,00083256.5%
5 ENGLEWOOD BLVD2025-02$241,00075675.3%
171 LOWELL AVE2025-09$410,00087253.4%
204 THROPP AVE2026-01$260,00083757.4%
95 TERRILL AVE2025-05$200,00078479.0%
29 SHELLEY LA2025-07$349,90096050.0%
8 SHELLEY LA2025-11$340,00096056.9%
2019 S OLDEN AVE2025-10$255,00096061.7%
2416 WH-MER RD2025-07$150,000768100.5%
29 KERR DR2025-07$380,00093650.0%
1782 ORCHARD AVE2025-11$300,00074854.3%

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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 →