The Fair Share Report

1702 Silver Ct

Hamilton, NJ 08035

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

≈ $237,430

Likely range $212,585 – $255,575, from 12 comparable Hamilton sales in the past 18 months (home size estimated from assessor data — range widened).

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 $237,430 home should be assessed near $145,592.

Step 3 · Assessed value

$113,500

Set at the last town-wide revaluation and mostly frozen since. That's $32,092 below what the ratio math suggests (22.0%).

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

$4,209/yr
Public schools$1,714
Mercer County$943
Town of Hamilton$1,552
Hamilton average$8,075

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

Town median 51.7%
This home · 47.8%

38%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
912 SILVER COURT2026-03$250,0001,00041.8%
1412 SILVER COURT2026-01$240,0001,00045.0%
908 SILVER COURT2025-04$255,0001,00040.9%
82 CHEVERNY CT2025-09$300,0001,00545.9%
65 CHEVERNY CT2025-06$116,9001,005117.9%
615 SILVER COURT2025-07$250,1001,12045.4%
302 SILVER COURT2025-05$250,0001,12045.4%
59 TILIA CT2026-04$240,0001,05256.8%
76 PINEWOOD DR2026-04$290,0001,05247.0%
48 PINEWOOD DR2026-04$290,0001,05247.0%
2116 SILVER COURT2026-06$281,0001,14841.0%
1816 SILVER COURT2026-05$265,0001,14843.4%

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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 →