The Fair Share Report

22 E Acres 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

≈ $486,423

Likely range $456,805 – $610,635, 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 $486,423 home should be assessed near $298,275.

Step 3 · Assessed value

$295,700

Set at the last town-wide revaluation and mostly frozen since. That's $2,575 below what the ratio math suggests (0.9%).

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

$10,965/yr
Public schools$4,465
Mercer County$2,457
Town of Hamilton$4,042
Hamilton average$8,075

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

Town median 51.7%
This home · 60.8%

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
7 MELODY CT2026-05$567,0001,80049.6%
150 MAIN ST2025-12$450,0001,75271.1%
5 FALLVIEW COURT2025-06$450,0001,85751.2%
12 DAMON AVE2025-02$475,0001,78848.1%
7 CORRAL DR2025-11$600,0002,38057.9%
235 PAXSON AVE2025-09$590,0001,76451.0%
1111 ESTATES BLVD2025-07$619,0001,84752.3%
21 KRISTIN WAY2025-09$570,0001,88151.9%
4 KRISTIN WAY2025-06$525,0001,88556.1%
835 HUGHES DR2025-01$428,0001,77864.7%
90 LIMEWOOD DR2025-07$547,0001,69660.2%
43 DEACON DR2025-05$620,0001,77854.0%

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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 →