The Fair Share Report

25 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

≈ $518,940

Likely range $401,645 – $569,199, 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 $518,940 home should be assessed near $318,214.

Step 3 · Assessed value

$257,700

Set at the last town-wide revaluation and mostly frozen since. That's $60,514 below what the ratio math suggests (19.0%).

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

$9,556/yr
Public schools$3,891
Mercer County$2,141
Town of Hamilton$3,523
Hamilton average$8,075

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

Town median 51.7%
This home · 49.7%

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
12 TYNDALE RD2025-08$570,0001,73650.3%
12 DAMON AVE2025-02$475,0001,78848.1%
708 YDV-HAM SQ RD2025-06$565,0001,72853.5%
7 OXCART LA2025-10$515,0001,71553.7%
90 LIMEWOOD DR2025-07$547,0001,69660.2%
1088 ESTATES BLVD2025-11$550,0001,45251.4%
8 CRESTWOOD DR2025-07$625,0001,73651.2%
835 HUGHES DR2025-01$428,0001,77864.7%
43 DEACON DR2025-05$620,0001,77854.0%
32 HOBBS RD2025-02$498,0001,90554.7%
47 WESLEYAN DR2025-12$632,0001,73644.3%
2 SHEFFIELD RD2025-12$450,0001,63255.4%

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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 →