The Fair Share Report
21 Stratton 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 $508,717 – $626,271, from 12 comparable Hamilton sales in the past 18 months, at this home's 2,074 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 $594,269 home should be assessed near $364,406.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $57,406 below what the ratio math suggests (15.8%).
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 |
|---|---|---|---|---|
| 2490 SYLVAN AVE | 2026-05 | $549,000 | 2,025 | 50.9% |
| 15 STRATTON DR | 2025-07 | $599,999 | 2,074 | 50.9% |
| 8 CLARION CT | 2025-02 | $425,000 | 2,052 | 74.3% |
| 6 STRASSBERG CT | 2026-05 | $600,000 | 1,987 | 57.8% |
| 19 MARTIN LA | 2025-10 | $600,000 | 2,094 | 54.0% |
| 35 CARL SANDBURG DR | 2026-05 | $520,000 | 2,120 | 50.8% |
| 2501 SYLVAN AVE | 2025-11 | $600,000 | 2,028 | 47.9% |
| 561 RUTGERS AVE | 2025-02 | $466,000 | 1,988 | 50.0% |
| 7 PINEHURST CT | 2026-01 | $640,000 | 2,016 | 54.8% |
| 10 CARL SANDBURG DR | 2026-01 | $545,000 | 2,028 | 53.3% |
| 6 MARKSBORO WAY | 2025-01 | $540,000 | 2,245 | 57.8% |
| 4 KRISTIN WAY | 2025-06 | $525,000 | 1,885 | 56.1% |
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