The Fair Share Report

2 Constance Dr

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

≈ $429,977

Likely range $299,231 – $531,427, 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 $429,977 home should be assessed near $263,662.

Step 3 · Assessed value

$247,200

Set at the last town-wide revaluation and mostly frozen since. That's $16,462 below what the ratio math suggests (6.2%).

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

$9,166/yr
Public schools$3,733
Mercer County$2,054
Town of Hamilton$3,379
Hamilton average$8,075

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

Town median 51.7%
This home · 57.5%

38%88%

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
3 SOLOFF DR2025-10$320,0001,67358.2%
3 HEIGHTS TERR2025-10$450,0001,73655.8%
32 HARTMAN DR2026-04$450,0001,75354.2%
325 JENCOHALLO AVE2025-03$230,0001,76476.8%
54 MAE DR2025-07$430,0001,73657.0%
327 MCADOO AVE2026-05$400,0001,63455.7%
1981 ARENA DR2025-10$181,5001,694127.5%
3 HESS WAY2025-08$510,0001,60249.7%
44 LIVINGSTON DR2025-11$525,0001,51640.9%
8 DAILEY DR2025-10$530,0001,79249.1%
961 S OLDEN AVE2026-06$510,0001,66429.8%
24 OLYMPIA AVE2026-02$225,0001,65387.2%

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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 →