The Fair Share Report
19 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 $403,501 – $529,515, 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 $472,529 home should be assessed near $289,755.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $21,455 below what the ratio math suggests (7.4%).
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%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 864 ESTATES BLVD | 2025-06 | $520,000 | 1,757 | 48.9% |
| 446 TRINITY AVE | 2025-06 | $470,000 | 1,812 | 53.8% |
| 368 REGINA AVE | 2026-03 | $450,000 | 1,763 | 57.2% |
| 5 BLACKBIRD DR | 2025-04 | $525,000 | 1,687 | 50.7% |
| 119 GARY DR | 2026-05 | $375,000 | 1,790 | 69.1% |
| 381 REGINA AVE | 2025-08 | $528,000 | 1,822 | 47.4% |
| 77 GARY DR | 2026-05 | $525,000 | 1,757 | 47.0% |
| 25 BRAVER DR | 2026-06 | $430,000 | 1,823 | 55.7% |
| 4 MARLOW CT | 2025-02 | $525,000 | 1,890 | 46.7% |
| 90 HEMPSTEAD RD | 2026-04 | $490,000 | 1,823 | 47.7% |
| 16 FENWAY RD | 2025-06 | $400,000 | 1,868 | 63.1% |
| 25 WALT WHITMAN WAY | 2025-11 | $459,900 | 1,578 | 55.6% |
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