The Fair Share Report

2 Senf 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

≈ $431,622

Likely range $260,750 – $466,372, 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 $431,622 home should be assessed near $264,671.

Step 3 · Assessed value

$201,900

Set at the last town-wide revaluation and mostly frozen since. That's $62,771 below what the ratio math suggests (23.7%).

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

$7,486/yr
Public schools$3,049
Mercer County$1,678
Town of Hamilton$2,760
Hamilton average$8,075

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

Town median 51.7%
This home · 46.8%

38%83%

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
12 ASTER RD2025-07$452,0001,35351.4%
7 DOREEN RD2025-09$435,0001,28248.9%
26 DOREEN RD2026-04$580,0001,34644.8%
3843 MER-QUAKER BR RD2025-05$340,0001,32074.0%
8 SAMANTHA LA2026-02$490,0001,26748.7%
23 HASTINGS RD2025-06$275,0001,32485.7%
143 CHAPMAN AVE2025-10$312,0001,20874.7%
95 KNAPP AVE2026-02$490,0001,20846.3%
15 FRANCINE DR2025-08$300,0001,34470.9%
15 FRANCINE DR2025-08$250,0001,34485.0%
10 WHITMAN RD2026-02$485,0001,36052.4%
16 SENF DR2025-02$400,0001,17644.0%

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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 →