The Fair Share Report

21 Dailey 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

≈ $428,383

Likely range $350,014 – $459,220, 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 $428,383 home should be assessed near $262,684.

Step 3 · Assessed value

$210,300

Set at the last town-wide revaluation and mostly frozen since. That's $52,384 below what the ratio math suggests (19.9%).

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

$7,798/yr
Public schools$3,176
Mercer County$1,748
Town of Hamilton$2,875
Hamilton average$8,075

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

Town median 51.7%
This home · 49.1%

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
17 MAGUIRE RD2026-05$490,0001,38048.4%
16 MEROVAN AVE2025-12$467,5001,36240.6%
90 HOOVER AVE2025-07$435,0001,39251.1%
26 KENWOOD TERR2025-08$361,0001,43355.9%
179 SAYBROOK AVE2026-04$385,0001,46759.0%
108 WINDING WAY2025-11$447,0001,36046.5%
48 BARBARA DR2025-10$395,0001,30141.7%
14 MIRY BROOK RD2026-03$480,0001,48050.2%
33 ELTON AVE2026-03$340,0001,40461.7%
44 FALMOUTH RD2025-12$430,0001,34448.2%
13 RAVINE DR2025-06$439,0001,43148.7%
86 AUDREY PL2025-03$460,0001,48452.9%

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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 →