The Fair Share Report
24 Fallview Ct
Hamilton, NJ 08690
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 $486,000 – $556,347, 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 $511,635 home should be assessed near $313,735.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $78,635 below what the ratio math suggests (25.1%).
Step 4 · The tax rate — same for every Hamilton home
$1.510 Schools · 41% $0.831 County · 22% $1.367 Town · 37%
This home's own bill implies $3.602 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
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 |
|---|---|---|---|---|
| 5 SWALLOW DR | 2025-11 | $505,000 | 1,734 | 50.9% |
| 5 BEAR MEADE DR | 2025-02 | $510,000 | 1,676 | 58.2% |
| 74 BEAR MEADE DR | 2026-06 | $575,000 | 1,671 | 51.5% |
| 37 BEAR MEADE DR | 2026-06 | $575,000 | 1,671 | 52.3% |
| 67 BEAR MEADE DR | 2025-12 | $565,000 | 1,671 | 53.7% |
| 3 NIGHTINGALE DR | 2026-06 | $489,900 | 1,676 | 52.0% |
| 30 HUMMINGBIRD DR | 2025-09 | $500,000 | 1,676 | 49.9% |
| 56 GOLDFINCH DR | 2026-06 | $550,000 | 1,777 | 51.2% |
| 22 HUMMINGBIRD DR | 2026-05 | $475,000 | 1,662 | 52.7% |
| 128 SPARROW DR | 2025-11 | $560,000 | 1,749 | 46.8% |
| 5 WREN LANE | 2026-06 | $505,000 | 1,642 | 50.5% |
| 22 KINGSTON BLVD | 2025-04 | $426,000 | 1,799 | 56.8% |
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