The Fair Share Report
2 Sutton Dr
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $343,899 – $531,742, from 12 comparable Hamilton sales in the past 18 months (home size estimated from assessor data — range widened).
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 $463,129 home should be assessed near $283,991.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $4,309 above what the ratio math suggests (1.5%).
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%89%
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 |
|---|---|---|---|---|
| 316 W PARK AVE | 2025-10 | $370,000 | 1,914 | 52.7% |
| 324 MONTANA AVE | 2025-12 | $455,000 | 1,903 | 50.0% |
| 52 COPPERFIELD DR | 2025-03 | $437,500 | 1,988 | 57.5% |
| 2640 S CLINTON AVE | 2026-04 | $450,000 | 1,920 | 47.6% |
| 47 HILLHURST AVE | 2026-06 | $360,000 | 1,920 | 65.4% |
| 47 HILLHURST AVE | 2026-04 | $290,000 | 1,920 | 81.2% |
| 15 CONSTANCE DR | 2025-08 | $469,000 | 1,873 | 57.2% |
| 389 GROPP AVE | 2025-10 | $550,000 | 2,015 | 47.0% |
| 325 JENCOHALLO AVE | 2025-03 | $230,000 | 1,764 | 76.8% |
| 90 HEMPSTEAD RD | 2026-04 | $490,000 | 1,823 | 47.7% |
| 257 EVERGREEN AVE | 2025-08 | $505,000 | 2,080 | 48.4% |
| 4 MARLOW CT | 2025-02 | $525,000 | 1,890 | 46.7% |
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