The Fair Share Report

19 Mount Ave

Hamilton, NJ 08620

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

≈ $412,699

Likely range $374,013 – $463,581, 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 $412,699 home should be assessed near $253,067.

Step 3 · Assessed value

$228,700

Set at the last town-wide revaluation and mostly frozen since. That's $24,367 below what the ratio math suggests (9.6%).

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%

Step 5 · The bill

$8,480/yr
Public schools$3,453
Mercer County$1,900
Town of Hamilton$3,126
Hamilton average$8,075

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

Town median 51.7%
This home · 55.4%

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
265 MER-EDINBURG RD2025-04$371,0001,57361.2%
520 VETTERLEIN AVE2025-12$390,0001,59250.5%
756 YDV-ALLENTOWN RD2025-07$415,0001,56064.3%
177 PAXSON AVE2025-04$420,0001,69462.8%
728 HUGHES DR2025-11$450,0001,32251.0%
82 HAUSER AVE2025-07$410,0001,28250.6%
4 SCULLIN DR2025-09$480,0001,73655.7%
110 NATRONA AVE2025-06$480,0001,68250.8%
1747 MCGALLIARD AVE2025-09$459,0001,71549.4%
424 PITMAN AVE2025-07$500,0001,26744.7%
3 SEDGWICK RD2025-07$380,0001,44073.1%
103 HOMESTEAD AVE2025-01$400,0001,62249.2%

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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 →