The Fair Share Report

29 Dover Rd

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.

Step 1 · Market value

≈ $406,061

Likely range $279,050 – $464,558, 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 $406,061 home should be assessed near $248,997.

Step 3 · Assessed value

$192,000

Set at the last town-wide revaluation and mostly frozen since. That's $56,997 below what the ratio math suggests (22.9%).

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

$7,119/yr
Public schools$2,899
Mercer County$1,596
Town of Hamilton$2,625
Hamilton average$8,075

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

Town median 51.7%
This home · 47.3%

36%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
20 BRANDYWINE WAY2025-10$475,0001,19345.4%
949 SCHILLER AVE2025-12$400,0001,18835.5%
26 COLERIDGE AVE2025-10$385,0001,19848.1%
23 DARK LEAF DR2026-01$390,0001,17656.9%
38 ALBEMARLE RD2025-05$465,0001,16650.2%
241 FENWOOD AVE2026-06$420,0001,16445.3%
150 NATRONA AVE2025-12$200,0001,195101.9%
1027 ESTATES BLVD2026-04$440,0001,16652.0%
20 DODGE DR2025-10$372,0001,25448.4%
23 ALTON RD2025-01$430,0001,26155.4%
51 KENWOOD TERR2025-08$220,0001,17183.7%
23 MARK TWAIN DR2026-01$470,0001,26852.9%

Is this your house?

Run your own report →

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 →