The Fair Share Report

18 Compton Way

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

≈ $466,380

Likely range $447,314 – $482,555, from 12 comparable Hamilton sales in the past 18 months, at this home's 1,499 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 $466,380 home should be assessed near $285,984.

Step 3 · Assessed value

$241,300

Set at the last town-wide revaluation and mostly frozen since. That's $44,684 below what the ratio math suggests (15.6%).

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%

This home's own bill implies $3.604 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$8,697/yr
Public schools$3,542
Mercer County$1,949
Town of Hamilton$3,206
Hamilton average$8,075

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

Town median 51.7%
This home · 51.7%

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
6 KIM VALLEY RD2026-02$465,0001,47654.7%
15 ASHWOOD RD2025-12$449,9001,49654.3%
22 OVINGTON DR2025-12$475,0001,58847.4%
2 SHEFFIELD RD2025-12$450,0001,63255.4%
3 SEDGWICK RD2025-07$380,0001,44073.1%
1994 KLOCKNER RD2026-05$470,0001,69056.4%
897 ESTATES BLVD2025-12$470,0001,46048.2%
26 DOREEN RD2026-04$580,0001,34644.8%
169 ELTON AVE2025-07$565,0001,72747.5%
66 RUTGERS AVE2025-12$509,0001,58840.3%
8 MINT LEAF DR2026-04$529,9001,66460.3%
504 LEUCKEL AVE2026-06$440,0001,42445.3%

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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 →