The Fair Share Report
29 Dailey Dr
Hamilton, NJ 08620
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 $297,948 – $462,727, 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 $433,171 home should be assessed near $265,620.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $50,020 below what the ratio math suggests (18.8%).
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%78%
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 |
|---|---|---|---|---|
| 26 KENWOOD TERR | 2025-08 | $361,000 | 1,433 | 55.9% |
| 17 MAGUIRE RD | 2026-05 | $490,000 | 1,380 | 48.4% |
| 16 MAGNOLIA LA | 2025-07 | $460,000 | 1,484 | 47.0% |
| 179 SAYBROOK AVE | 2026-04 | $385,000 | 1,467 | 59.0% |
| 86 AUDREY PL | 2025-03 | $460,000 | 1,484 | 52.9% |
| 16 MEROVAN AVE | 2025-12 | $467,500 | 1,362 | 40.6% |
| 90 HOOVER AVE | 2025-07 | $435,000 | 1,392 | 51.1% |
| 4 FORMAN DR | 2025-12 | $250,000 | 1,452 | 92.4% |
| 33 ELTON AVE | 2026-03 | $340,000 | 1,404 | 61.7% |
| 181 BRINER LA | 2025-08 | $330,000 | 1,495 | 80.1% |
| 108 WINDING WAY | 2025-11 | $447,000 | 1,360 | 46.5% |
| 551 HOBART AVE | 2026-05 | $335,000 | 1,479 | 55.7% |
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