The Fair Share Report
18 Jericho Dr
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $383,852 – $566,238, 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 $476,762 home should be assessed near $292,350.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $5,150 below what the ratio math suggests (1.8%).
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
38%80%
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 |
|---|---|---|---|---|
| 381 REGINA AVE | 2025-08 | $528,000 | 1,822 | 47.4% |
| 158 COLEMAN RD | 2026-01 | $580,000 | 1,904 | 51.7% |
| 119 GARY DR | 2026-05 | $375,000 | 1,790 | 69.1% |
| 129 REDWOOD AVE | 2025-08 | $375,000 | 1,845 | 59.9% |
| 3251 NOTTINGHAM WAY | 2026-06 | $510,000 | 1,914 | 48.5% |
| 25 BRAVER DR | 2026-06 | $430,000 | 1,823 | 55.7% |
| 15 CONSTANCE DR | 2025-08 | $469,000 | 1,873 | 57.2% |
| 45 BERREL AVE | 2025-01 | $499,000 | 1,864 | 58.2% |
| 389 REGINA AVE | 2025-06 | $570,000 | 1,832 | 49.9% |
| 446 TRINITY AVE | 2025-06 | $470,000 | 1,812 | 53.8% |
| 8 DAILEY DR | 2025-10 | $530,000 | 1,792 | 49.1% |
| 1419 STATE HWY 33 | 2025-07 | $401,000 | 1,974 | 61.3% |
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