The Fair Share Report

18 Baggaley Rd

Hamilton, NJ 08690

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

≈ $706,510

Likely range $593,979 – $791,601, 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 $706,510 home should be assessed near $433,232.

Step 3 · Assessed value

$399,300

Set at the last town-wide revaluation and mostly frozen since. That's $33,932 below what the ratio math suggests (7.8%).

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

$14,806/yr
Public schools$6,029
Mercer County$3,318
Town of Hamilton$5,458
Hamilton average$8,075

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

Town median 51.7%
This home · 56.5%

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
14 BAGGALEY RD2025-11$640,0002,78460.9%
12 APOLLO DR2025-06$640,0002,59255.5%
411 FLOCK RD2025-10$570,0002,66457.4%
31 PETER RAFFERTY DR2025-10$785,0002,76252.2%
10 WOLFPACK CT2026-01$805,0002,75659.3%
18 JOHN LENHARDT RD2025-05$780,0002,94051.1%
462 TRINITY AVE2025-04$485,0002,76055.4%
20 ELKSHEAD TERR2025-07$655,0002,42059.0%
16 BRUIN DR2025-05$680,0002,26448.3%
21 VILLAGE DR2026-01$700,0002,33654.8%
28 WEDGE DR2026-06$622,0002,70651.0%
26 ARROWWOOD DR2025-04$695,0002,62551.6%

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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 →