The Fair Share Report

3 Wolf Dr

Hamilton, NJ 08610

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

≈ $367,842

Likely range $285,682 – $427,312, 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 $367,842 home should be assessed near $225,561.

Step 3 · Assessed value

$177,600

Set at the last town-wide revaluation and mostly frozen since. That's $47,961 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

$6,585/yr
Public schools$2,682
Mercer County$1,476
Town of Hamilton$2,428
Hamilton average$8,075

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

Town median 51.7%
This home · 48.3%

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
603 LEUCKEL AVE2025-06$370,0001,20048.5%
933 SCHILLER AVE2026-03$420,0001,19835.5%
274 CALIFORNIA AVE2025-01$350,0001,21650.7%
604 SCHILLER AVE2026-01$457,0001,16437.3%
35 UNWIN DR2026-04$276,0001,16467.7%
74 UNWIN DR2026-06$323,0001,25459.4%
3 HARWICK DR2025-05$441,0001,23647.7%
57 UNWIN DR2026-03$425,0001,25446.8%
26 COLERIDGE AVE2025-10$385,0001,19848.1%
436 NORWAY AVE2025-06$310,0001,23742.4%
187 CHAPMAN AVE2026-02$375,0001,16449.3%
102 ARMOUR AVE2025-08$340,0001,17151.1%

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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 →