The Fair Share Report
28 Fallview Ct
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $485,433 – $522,019, from 12 comparable Hamilton sales in the past 18 months (home size estimated from assessor data — range widened).
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 $505,571 home should be assessed near $310,016.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $79,716 below what the ratio math suggests (25.7%).
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 $3.599 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
38%77%
Keep quiet and enjoy it
This home's assessment ratio sits below the Hamilton pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 5 BEAR MEADE DR | 2025-02 | $510,000 | 1,676 | 58.2% |
| 74 BEAR MEADE DR | 2026-06 | $575,000 | 1,671 | 51.5% |
| 37 BEAR MEADE DR | 2026-06 | $575,000 | 1,671 | 52.3% |
| 67 BEAR MEADE DR | 2025-12 | $565,000 | 1,671 | 53.7% |
| 3 NIGHTINGALE DR | 2026-06 | $489,900 | 1,676 | 52.0% |
| 30 HUMMINGBIRD DR | 2025-09 | $500,000 | 1,676 | 49.9% |
| 22 HUMMINGBIRD DR | 2026-05 | $475,000 | 1,662 | 52.7% |
| 5 WREN LANE | 2026-06 | $505,000 | 1,642 | 50.5% |
| 5 SWALLOW DR | 2025-11 | $505,000 | 1,734 | 50.9% |
| 149 SPARROW DR | 2025-08 | $500,000 | 1,656 | 49.9% |
| 43 CHICKADEE WAY | 2026-02 | $435,000 | 1,594 | 57.5% |
| 56 GOLDFINCH DR | 2026-06 | $550,000 | 1,777 | 51.2% |
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