The Fair Share Report

2 Pinehurst Ct

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.

Step 1 · Market value

≈ $565,625

Likely range $478,641 – $644,886, 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 $565,625 home should be assessed near $346,841.

Step 3 · Assessed value

$340,700

Set at the last town-wide revaluation and mostly frozen since. That's $6,141 below what the ratio math suggests (1.8%).

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%

This home's own bill implies $3.455 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$11,771/yr
Public schools$4,794
Mercer County$2,638
Town of Hamilton$4,340
Hamilton average$8,075

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

Town median 51.7%
This home · 60.2%

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
2 ALBERT E BONACCI DR2026-02$495,0002,00552.5%
13 BLAIRMORE DR2026-02$646,9712,32050.2%
20 MORO DR2026-02$625,0002,25253.8%
11 MORO DR2025-07$660,0002,26454.3%
51 BOLTON RD2026-05$553,0002,24553.1%
16 MARJORIE WAY2025-09$796,0002,25250.5%
123-125 ANNABELLE AVE2025-03$335,0002,37657.2%
504 PAXSON AVE2026-03$575,0002,20848.0%
147 NEW CEDAR LA2025-05$485,0002,37641.7%
7 PINEHURST CT2026-01$640,0002,01654.8%
34 ROLLING LA2025-04$485,0002,13855.8%
29 WALT WHITMAN WAY2025-12$525,0002,16856.8%

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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 →