The Fair Share Report
23 Appleton Dr
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $290,974 – $436,759, from 12 comparable Hamilton sales in the past 18 months (home size estimated from assessor data — range widened).
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 $394,641 home should be assessed near $241,994.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $58,094 below what the ratio math suggests (24.0%).
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
37%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 |
|---|---|---|---|---|
| 74 UNWIN DR | 2026-06 | $323,000 | 1,254 | 59.4% |
| 3 HARWICK DR | 2025-05 | $441,000 | 1,236 | 47.7% |
| 603 LEUCKEL AVE | 2025-06 | $370,000 | 1,200 | 48.5% |
| 57 UNWIN DR | 2026-03 | $425,000 | 1,254 | 46.8% |
| 933 SCHILLER AVE | 2026-03 | $420,000 | 1,198 | 35.5% |
| 274 CALIFORNIA AVE | 2025-01 | $350,000 | 1,216 | 50.7% |
| 436 NORWAY AVE | 2025-06 | $310,000 | 1,237 | 42.4% |
| 3 FENIMORE RD | 2026-06 | $445,000 | 1,271 | 46.3% |
| 50 GERARD RD | 2025-09 | $445,000 | 1,279 | 47.1% |
| 80 BARRICKLO ST | 2025-12 | $230,000 | 1,247 | 60.8% |
| 19 GODFREY DR | 2025-02 | $420,000 | 1,292 | 46.8% |
| 604 SCHILLER AVE | 2026-01 | $457,000 | 1,164 | 37.3% |
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