The Fair Share Report
32 E Acres Dr
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 $420,512 – $566,528, 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 $539,280 home should be assessed near $330,686.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $50,486 below what the ratio math suggests (15.3%).
Step 4 · The tax rate — same for every Hamilton home
$1.510 Schools · 41% $0.831 County · 22% $1.367 Town · 37%
This home's own bill implies $3.619 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
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 |
|---|---|---|---|---|
| 150 MAIN ST | 2025-12 | $450,000 | 1,752 | 71.1% |
| 7 MELODY CT | 2026-05 | $567,000 | 1,800 | 49.6% |
| 235 PAXSON AVE | 2025-09 | $590,000 | 1,764 | 51.0% |
| 90 LIMEWOOD DR | 2025-07 | $547,000 | 1,696 | 60.2% |
| 12 DAMON AVE | 2025-02 | $475,000 | 1,788 | 48.1% |
| 7 OXCART LA | 2025-10 | $515,000 | 1,715 | 53.7% |
| 5 FALLVIEW COURT | 2025-06 | $450,000 | 1,857 | 51.2% |
| 12 TYNDALE RD | 2025-08 | $570,000 | 1,736 | 50.3% |
| 6 FLAGGER LANE | 2025-05 | $480,000 | 1,712 | 64.9% |
| 7 CORRAL DR | 2025-11 | $600,000 | 2,380 | 57.9% |
| 835 HUGHES DR | 2025-01 | $428,000 | 1,778 | 64.7% |
| 43 DEACON DR | 2025-05 | $620,000 | 1,778 | 54.0% |
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