The Fair Share Report
3 Ithaca 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 $384,769 – $457,074, from 12 comparable Hamilton sales in the past 18 months, at this home's 1,148 sq ft.
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 $424,981 home should be assessed near $260,598.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $65,698 below what the ratio math suggests (25.2%).
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
37%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 |
|---|---|---|---|---|
| 32 SARANAC RD | 2025-09 | $469,900 | 1,144 | 46.2% |
| 71 JARVIE DR | 2025-10 | $445,000 | 1,172 | 45.2% |
| 18 MIDDLETON DR | 2025-08 | $515,000 | 1,136 | 47.5% |
| 1 PHEASANT LA | 2025-06 | $420,000 | 1,140 | 51.0% |
| 3 TEKENING WAY | 2026-05 | $375,000 | 1,216 | 56.2% |
| 16 ALBEMARLE RD | 2025-08 | $366,000 | 1,092 | 56.0% |
| 150 SAYBROOK AVE | 2025-08 | $387,240 | 1,155 | 55.0% |
| 125 LENOX AVE | 2026-04 | $330,000 | 1,068 | 49.7% |
| 163 SPRINGDALE AVE | 2026-06 | $425,000 | 1,144 | 51.6% |
| 149 SPRINGDALE AVE | 2026-01 | $410,000 | 1,144 | 54.4% |
| 2180 S OLDEN AVE | 2025-01 | $385,000 | 1,040 | 49.0% |
| 216 RUTGERS AVE | 2026-05 | $460,000 | 1,224 | 42.0% |
Is this your house?
Run your own report →