The Fair Share Report
20 Shell Turn
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 $414,643 – $520,442, from 12 comparable Hamilton sales in the past 18 months, at this home's 1,674 sq ft.
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 $495,435 home should be assessed near $303,801.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $17,101 below what the ratio math suggests (5.6%).
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%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 25 WESLEYAN DR | 2025-07 | $540,000 | 1,646 | 51.4% |
| 5 BLACKBIRD DR | 2025-04 | $525,000 | 1,687 | 50.7% |
| 35 WESLEYAN DR | 2026-02 | $450,000 | 1,612 | 58.2% |
| 29 WESLEYAN DR | 2025-09 | $478,000 | 1,612 | 54.5% |
| 3 HESS WAY | 2025-08 | $510,000 | 1,602 | 49.7% |
| 1981 ARENA DR | 2025-10 | $181,500 | 1,694 | 127.5% |
| 77 GARY DR | 2026-05 | $525,000 | 1,757 | 47.0% |
| 3 SOLOFF DR | 2025-10 | $320,000 | 1,673 | 58.2% |
| 54 MAE DR | 2025-07 | $430,000 | 1,736 | 57.0% |
| 864 ESTATES BLVD | 2025-06 | $520,000 | 1,757 | 48.9% |
| 88 MADISON AVE | 2025-07 | $425,000 | 1,742 | 48.0% |
| 90 HEMPSTEAD RD | 2026-04 | $490,000 | 1,823 | 47.7% |
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