The Fair Share Report

3 Flagger Ln

Hamilton, NJ 08619

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

≈ $643,508

Likely range $575,950 – $691,650, 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 $643,508 home should be assessed near $394,599.

Step 3 · Assessed value

$310,700

Set at the last town-wide revaluation and mostly frozen since. That's $83,899 below what the ratio math suggests (21.3%).

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

$11,521/yr
Public schools$4,692
Mercer County$2,582
Town of Hamilton$4,247
Hamilton average$8,075

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

Town median 51.7%
This home · 48.3%

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)

AddressSoldPriceSq ftRatio
239 SPARROW DR2025-11$605,0002,19552.6%
196 SPARROW DR2025-09$625,0002,19548.5%
515 RIDGE AVE2025-07$295,0002,08092.3%
46 SPARROW DR2025-08$570,0002,19552.5%
128 STATE HWY 1562026-02$525,0002,46058.1%
118 MONTE CARLO DR2026-05$649,5002,16851.2%
179 SPARROW DR2025-08$559,9002,04550.2%
355 LEONARD AVE2026-03$500,0002,14553.9%
16 MARJORIE WAY2025-09$796,0002,25250.5%
102 KRISTOPHER DRIVE2025-06$650,0002,28852.6%
21 N CREST AVE2025-10$820,0002,48753.0%
34 MONTE CARLO DR2025-10$715,0002,48849.9%

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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 →