The Fair Share Report

239 Main St

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

≈ $520,518

Likely range $441,139 – $573,309, from 12 comparable Hamilton sales in the past 18 months, at this home's 2,550 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 $520,518 home should be assessed near $319,182.

Step 3 · Assessed value

$243,400

Set at the last town-wide revaluation and mostly frozen since. That's $75,782 below what the ratio math suggests (23.7%).

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

$9,025/yr
Public schools$3,675
Mercer County$2,023
Town of Hamilton$3,327
Hamilton average$8,075

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

Town median 51.7%
This home · 46.8%

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)

AddressSoldPriceSq ftRatio
210 MAIN ST2025-06$561,0002,06744.6%
3380 NOTTINGHAM WAY2025-07$500,0002,42453.1%
332-334 KLOCKNER AVE2026-02$422,0002,50049.0%
3009 NOTTINGHAM WAY2025-06$461,0002,60859.5%
134 GRAND AVE2025-10$250,0002,19673.9%
244 MANOR BLVD2026-04$585,0002,60246.0%
14 BAINBRIDGE CT2025-10$622,0002,65057.5%
23 GRAYSON AVE2025-09$410,0002,37065.0%
2 MONACO DR2026-05$700,0002,49251.4%
128 STATE HWY 1562026-02$525,0002,46058.1%
2931 NOTTINGHAM WAY2026-03$520,0002,35750.4%
11 CHINNICK AVE2025-11$460,0002,53857.0%

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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 →