The Fair Share Report

20 Jericho 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.

Step 1 · Market value

≈ $374,359

Likely range $284,804 – $505,928, 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 $374,359 home should be assessed near $229,557.

Step 3 · Assessed value

$216,600

Set at the last town-wide revaluation and mostly frozen since. That's $12,957 below what the ratio math suggests (5.6%).

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

$8,032/yr
Public schools$3,271
Mercer County$1,800
Town of Hamilton$2,961
Hamilton average$8,075

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

Town median 51.7%
This home · 57.9%

37%82%

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
15 FRANCINE DR2025-08$300,0001,34470.9%
15 FRANCINE DR2025-08$250,0001,34485.0%
12 ASTER RD2025-07$452,0001,35351.4%
350 MADDOCK AVE2026-06$384,0001,39451.7%
350 MADDOCK AVE2026-04$307,0001,39464.6%
350 MADDOCK AVE2026-04$255,0001,39477.8%
26 DOREEN RD2026-04$580,0001,34644.8%
44 ROLLING LA2025-07$521,0001,35345.1%
10 WHITMAN RD2026-02$485,0001,36052.4%
3 SEDGWICK RD2025-07$380,0001,44073.1%
8 SAMANTHA LA2026-02$490,0001,26748.7%
906 KUSER RD2026-03$360,0001,40855.9%

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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 →