The Fair Share Report

24 Longleaf Dr

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.

Step 1 · Market value

≈ $589,733

Likely range $517,851 – $630,663, 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 $589,733 home should be assessed near $361,624.

Step 3 · Assessed value

$302,200

Set at the last town-wide revaluation and mostly frozen since. That's $59,424 below what the ratio math suggests (16.4%).

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

$11,206/yr
Public schools$4,563
Mercer County$2,511
Town of Hamilton$4,131
Hamilton average$8,075

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

Town median 51.7%
This home · 51.2%

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
7 PINEHURST CT2026-01$640,0002,01654.8%
32 HOBBS RD2025-02$498,0001,90554.7%
2490 SYLVAN AVE2026-05$549,0002,02550.9%
1338 STATE HWY 332026-01$490,0001,80451.9%
4 KRISTIN WAY2025-06$525,0001,88556.1%
21 STRATTON DR2025-09$545,0002,07456.3%
21 KRISTIN WAY2025-09$570,0001,88151.9%
8 CRESTWOOD DR2025-07$625,0001,73651.2%
6 STRASSBERG CT2026-05$600,0001,98757.8%
561 RUTGERS AVE2025-02$466,0001,98850.0%
3 GALLAVAN WAY2025-07$625,0001,95645.7%
72 HAMILTON LAKES DRIVE2025-04$652,0002,16647.5%

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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 →