The Fair Share Report
3 John Ct
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 $501,490 – $572,739, 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 $533,694 home should be assessed near $327,261.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $44,761 below what the ratio math suggests (13.7%).
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 |
|---|---|---|---|---|
| 2499 SYLVAN AVE | 2025-05 | $605,000 | 1,852 | 44.7% |
| 561 RUTGERS AVE | 2025-02 | $466,000 | 1,988 | 50.0% |
| 2490 SYLVAN AVE | 2026-05 | $549,000 | 2,025 | 50.9% |
| 2 ALBERT E BONACCI DR | 2026-02 | $495,000 | 2,005 | 52.5% |
| 2310 KLOCKNER RD | 2025-06 | $549,900 | 2,002 | 51.8% |
| 7 PINEHURST CT | 2026-01 | $640,000 | 2,016 | 54.8% |
| 212 CHINNICK AVE | 2025-12 | $550,000 | 1,890 | 52.8% |
| 3 BUCKALEW COURT | 2025-06 | $620,000 | 1,984 | 49.7% |
| 31 COLD SPRING RD | 2026-03 | $520,000 | 1,994 | 53.9% |
| 248 TRENTON AVE | 2025-08 | $465,000 | 1,760 | 50.8% |
| 20 MORO DR | 2026-02 | $625,000 | 2,252 | 53.8% |
| 1338 STATE HWY 33 | 2026-01 | $490,000 | 1,804 | 51.9% |
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