The Fair Share Report

254 Mcclellan Ave

Hamilton, NJ 08030

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

≈ $343,920

Likely range $296,580 – $448,735, 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 $343,920 home should be assessed near $210,892.

Step 3 · Assessed value

$150,500

Set at the last town-wide revaluation and mostly frozen since. That's $60,392 below what the ratio math suggests (28.6%).

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%

Step 5 · The bill

$5,581/yr
Public schools$2,273
Mercer County$1,251
Town of Hamilton$2,057
Hamilton average$8,075

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

Town median 51.7%
This home · 43.8%

28%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
52 CAROLINE AVE2026-06$250,0001,26959.5%
179 EDMUND ST2026-06$186,0001,23370.7%
128 HUNTER AVE2026-02$250,0001,24861.7%
3 FENIMORE RD2026-06$445,0001,27146.3%
157 ANDREW ST2026-01$350,0001,23443.0%
118 HUNTER AVE2026-01$373,0001,24840.8%
57 UNWIN DR2026-03$425,0001,25446.8%
34 ANDREW ST2025-09$320,0001,34042.8%
443 FENWOOD AVE2025-11$460,0001,23147.5%
3 HARWICK DR2025-05$441,0001,23647.7%
74 UNWIN DR2026-06$323,0001,25459.4%
121 EMANUEL ST2025-08$345,0001,27848.6%

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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 →