The Fair Share Report
24 Mill Rd
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $438,255 – $606,304, from 12 comparable Hamilton sales in the past 18 months, at this home's 2,116 sq ft.
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 $519,019 home should be assessed near $318,262.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $73,962 below what the ratio math suggests (23.2%).
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 $3.673 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
35%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 |
|---|---|---|---|---|
| 51 N CREST AVE | 2026-04 | $465,000 | 2,089 | 74.3% |
| 421 PAXSON AVE | 2025-03 | $442,500 | 2,182 | 73.9% |
| 583 MER-EDINBURG RD | 2025-04 | $391,000 | 2,136 | 93.1% |
| 4503 CROSS-HAM SQ RD | 2026-01 | $625,000 | 2,238 | 56.2% |
| 8 CLARION CT | 2025-02 | $425,000 | 2,052 | 74.3% |
| 2501 SYLVAN AVE | 2025-11 | $600,000 | 2,028 | 47.9% |
| 35 CARL SANDBURG DR | 2026-05 | $520,000 | 2,120 | 50.8% |
| 79 WOLFPACK RD | 2025-06 | $631,000 | 2,247 | 49.9% |
| 6 PANNICK DRIVE | 2025-06 | $635,000 | 2,145 | 50.2% |
| 125 LAURA AVE | 2025-10 | $475,000 | 2,038 | 53.6% |
| 24 JARVIE DR | 2025-10 | $550,000 | 2,310 | 52.0% |
| 19 MARTIN LA | 2025-10 | $600,000 | 2,094 | 54.0% |
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