The Fair Share Report

22 Exeter Rd

Hamilton, NJ 08610

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

≈ $371,803

Likely range $332,570 – $426,094, from 12 comparable Hamilton sales in the past 18 months, at this home's 1,217 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 $371,803 home should be assessed near $227,990.

Step 3 · Assessed value

$150,900

Set at the last town-wide revaluation and mostly frozen since. That's $77,090 below what the ratio math suggests (33.8%).

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

$5,595/yr
Public schools$2,279
Mercer County$1,254
Town of Hamilton$2,063
Hamilton average$8,075

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

Town median 51.7%
This home · 40.6%

30%77%

Keep quiet and enjoy it

This home's assessment ratio sits below the Hamilton pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
57 UNWIN DR2026-03$425,0001,25446.8%
3 FENIMORE RD2026-06$445,0001,27146.3%
603 LEUCKEL AVE2025-06$370,0001,20048.5%
604 SCHILLER AVE2026-01$457,0001,16437.3%
436 NORWAY AVE2025-06$310,0001,23742.4%
187 CHAPMAN AVE2026-02$375,0001,16449.3%
933 SCHILLER AVE2026-03$420,0001,19835.5%
3 HARWICK DR2025-05$441,0001,23647.7%
74 UNWIN DR2026-06$323,0001,25459.4%
274 CALIFORNIA AVE2025-01$350,0001,21650.7%
44 ELEANOR AVE2025-05$355,0001,16237.7%
27 OLDEN TERR2025-11$400,0001,32047.6%

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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 →