The Fair Share Report

25 Compton Way

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

≈ $545,263

Likely range $471,727 – $608,093, 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 $545,263 home should be assessed near $334,355.

Step 3 · Assessed value

$311,000

Set at the last town-wide revaluation and mostly frozen since. That's $23,355 below what the ratio math suggests (7.0%).

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

$11,532/yr
Public schools$4,696
Mercer County$2,584
Town of Hamilton$4,251
Hamilton average$8,075

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

Town median 51.7%
This home · 57.0%

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
10 CARL SANDBURG DR2026-01$545,0002,02853.3%
19 MARTIN LA2025-10$600,0002,09454.0%
125 LAURA AVE2025-10$475,0002,03853.6%
35 CARL SANDBURG DR2026-05$520,0002,12050.8%
24 VETTERLEIN AVE2025-11$470,0001,92053.7%
15 STRATTON DR2025-07$599,9992,07450.9%
20 WOLFPACK RD2025-06$640,0002,22153.1%
8 CLARION CT2025-02$425,0002,05274.3%
6 STRASSBERG CT2026-05$600,0001,98757.8%
641 YDV-HAM SQ RD2026-01$412,0002,25659.9%
641 YDV-HAM SQ RD2025-10$200,0002,256123.3%
421 PAXSON AVE2025-03$442,5002,18273.9%

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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 →