The Fair Share Report
28 Jericho 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $444,326 – $481,388, 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 $461,328 home should be assessed near $282,886.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $43,286 below what the ratio math suggests (15.3%).
Step 4 · The tax rate — same for every Hamilton home
$1.510 Schools · 41% $0.831 County · 22% $1.367 Town · 37%
Step 5 · The bill
This home vs. every recent Hamilton sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 15 ASHWOOD RD | 2025-12 | $449,900 | 1,496 | 54.3% |
| 897 ESTATES BLVD | 2025-12 | $470,000 | 1,460 | 48.2% |
| 22 OVINGTON DR | 2025-12 | $475,000 | 1,588 | 47.4% |
| 18 COMPTON WAY | 2025-10 | $435,000 | 1,499 | 55.5% |
| 3 SEDGWICK RD | 2025-07 | $380,000 | 1,440 | 73.1% |
| 6 KIM VALLEY RD | 2026-02 | $465,000 | 1,476 | 54.7% |
| 19 TUDOR DR | 2025-05 | $479,000 | 1,544 | 51.7% |
| 7 ASHWOOD RD | 2025-06 | $455,000 | 1,551 | 55.4% |
| 1513 KUSER RD | 2026-06 | $450,772 | 1,534 | 44.7% |
| 25 WALT WHITMAN WAY | 2025-11 | $459,900 | 1,578 | 55.6% |
| 66 RUTGERS AVE | 2025-12 | $509,000 | 1,588 | 40.3% |
| 38 SUNNYBRAE BLVD | 2025-11 | $475,000 | 1,560 | 45.7% |
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