The Fair Share Report

32 Ct St

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

≈ $255,124

Likely range $137,110 – $291,567, 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 $255,124 home should be assessed near $156,442.

Step 3 · Assessed value

$140,400

Set at the last town-wide revaluation and mostly frozen since. That's $16,042 below what the ratio math suggests (10.3%).

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

$5,206/yr
Public schools$2,120
Mercer County$1,167
Town of Hamilton$1,919
Hamilton average$8,075

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

Town median 51.7%
This home · 55.0%

38%108%

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
2610 NOTTINGHAM WAY2025-07$330,0001,23654.2%
1853 MCGALLIARD AVE2025-09$350,00098448.1%
82 CHEVERNY CT2025-09$300,0001,00545.9%
65 CHEVERNY CT2025-06$116,9001,005117.9%
59 TILIA CT2026-04$240,0001,05256.8%
76 PINEWOOD DR2026-04$290,0001,05247.0%
48 PINEWOOD DR2026-04$290,0001,05247.0%
116 TINDALL AVE2025-04$195,00092436.0%
201 MAIN ST2025-06$150,000919101.4%
109 N HAMILTON AVE2025-01$333,50098054.9%
218 SEWELL AVE2025-03$105,0001,022116.2%
38 CAMDEN AVE2026-06$250,0001,29063.3%

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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 →