The Fair Share Report

24 Dailey 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

≈ $453,327

Likely range $380,947 – $521,698, 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 $453,327 home should be assessed near $277,980.

Step 3 · Assessed value

$238,700

Set at the last town-wide revaluation and mostly frozen since. That's $39,280 below what the ratio math suggests (14.1%).

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

$8,851/yr
Public schools$3,604
Mercer County$1,984
Town of Hamilton$3,263
Hamilton average$8,075

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

Town median 51.7%
This home · 52.7%

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
3 SOLOFF DR2025-10$320,0001,67358.2%
3 HESS WAY2025-08$510,0001,60249.7%
44 LIVINGSTON DR2025-11$525,0001,51640.9%
327 MCADOO AVE2026-05$400,0001,63455.7%
14 SYCAMORE WAY2025-11$489,9991,47847.3%
3 HEIGHTS TERR2025-10$450,0001,73655.8%
32 HARTMAN DR2026-04$450,0001,75354.2%
6 ALTON RD2025-11$452,0001,46453.6%
3 HAROLD DR2026-02$437,5001,54847.8%
69 WICKOM AVE2026-02$460,0001,53652.5%
14 MIRY BROOK RD2026-03$480,0001,48050.2%
50 HILLHURST AVE2026-05$290,0001,54874.7%

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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 →