The Fair Share Report

249 Dancer Dr

Hamilton, NJ 08610

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

≈ $371,507

Likely range $239,093 – $425,570, 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 $371,507 home should be assessed near $227,808.

Step 3 · Assessed value

$178,600

Set at the last town-wide revaluation and mostly frozen since. That's $49,208 below what the ratio math suggests (21.6%).

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%

This home's own bill implies $3.577 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$6,389/yr
Public schools$2,602
Mercer County$1,432
Town of Hamilton$2,355
Hamilton average$8,075

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

Town median 51.7%
This home · 48.1%

37%80%

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
38 CAMDEN AVE2026-06$250,0001,29063.3%
82 HAUSER AVE2025-07$410,0001,28250.6%
634 WH-HAM SQ RD2025-05$380,0001,20855.8%
44 BISMARK AVE2025-12$140,0001,254101.4%
274 MCADOO AVE2026-06$420,0001,19048.4%
2610 NOTTINGHAM WAY2025-07$330,0001,23654.2%
238 GRAND AVE2025-11$270,0001,22454.9%
6 VILLAGE DR2025-03$435,0001,17649.8%
424 PITMAN AVE2025-07$500,0001,26744.7%
16 WILSON AVE2025-07$275,0001,09771.5%
7 SARANAC RD2025-12$380,0001,18853.0%
624 HUNT AVE2025-11$330,0001,31441.2%

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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 →