The Fair Share Report
2 Alpha Rd
Hamilton, NJ 08610
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 $404,784 – $443,077, from 12 comparable Hamilton sales in the past 18 months, at this home's 1,152 sq ft.
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 $413,486 home should be assessed near $253,550.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $41,550 below what the ratio math suggests (16.4%).
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 |
|---|---|---|---|---|
| 38 ALBEMARLE RD | 2025-05 | $465,000 | 1,166 | 50.2% |
| 20 BRANDYWINE WAY | 2025-10 | $475,000 | 1,193 | 45.4% |
| 1027 ESTATES BLVD | 2026-04 | $440,000 | 1,166 | 52.0% |
| 23 DARK LEAF DR | 2026-01 | $390,000 | 1,176 | 56.9% |
| 241 FENWOOD AVE | 2026-06 | $420,000 | 1,164 | 45.3% |
| 5 DELOTTO DR | 2025-11 | $470,000 | 1,128 | 46.6% |
| 234 FENWOOD AVE | 2025-09 | $409,000 | 1,164 | 49.9% |
| 50 ELMONT RD | 2025-10 | $402,000 | 1,120 | 55.5% |
| 949 SCHILLER AVE | 2025-12 | $400,000 | 1,188 | 35.5% |
| 318 MONTANA AVE | 2025-09 | $405,000 | 1,144 | 45.3% |
| 127 HOOVER AVE | 2025-03 | $425,000 | 1,105 | 42.8% |
| 20 MAGUIRE RD | 2025-03 | $420,000 | 1,136 | 47.0% |
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