The Fair Share Report

21 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.

Step 1 · Market value

≈ $417,885

Likely range $395,640 – $442,722, from 12 comparable Hamilton sales in the past 18 months, at this home's 1,166 sq ft.

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 $417,885 home should be assessed near $256,247.

Step 3 · Assessed value

$242,300

Set at the last town-wide revaluation and mostly frozen since. That's $13,947 below what the ratio math suggests (5.4%).

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

$8,984/yr
Public schools$3,659
Mercer County$2,014
Town of Hamilton$3,312
Hamilton average$8,075

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

Town median 51.7%
This home · 58.0%

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
163 SPRINGDALE AVE2026-06$425,0001,14451.6%
149 SPRINGDALE AVE2026-01$410,0001,14454.4%
71 JARVIE DR2025-10$445,0001,17245.2%
32 SARANAC RD2025-09$469,9001,14446.2%
234 FENWOOD AVE2025-09$409,0001,16449.9%
13 SAYEN DR2025-12$382,4501,09255.9%
250 LACY AVE2025-08$270,0001,22969.4%
18 MIDDLETON DR2025-08$515,0001,13647.5%
1027 ESTATES BLVD2026-04$440,0001,16652.0%
8 SAMANTHA LA2026-02$490,0001,26748.7%
318 MONTANA AVE2025-09$405,0001,14445.3%
3 TEKENING WAY2026-05$375,0001,21656.2%

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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 →