The Fair Share Report
32 Flagger Ln
Hamilton, NJ 08854
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 $340,934 – $378,385, 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 $372,381 home should be assessed near $228,344.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $63,344 below what the ratio math suggests (27.7%).
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 |
|---|---|---|---|---|
| 1332 SIERRA DR | 2026-06 | $375,000 | 1,243 | 63.3% |
| 1442 SIERRA DR | 2026-04 | $370,000 | 1,243 | 64.2% |
| 1321 SIERRA DR | 2026-06 | $365,000 | 1,241 | 65.0% |
| 1327 SIERRA DR | 2025-09 | $374,000 | 1,241 | 63.5% |
| 1127 HALIFAX PL | 2025-03 | $320,000 | 1,241 | 74.2% |
| 1043 HALIFAX PL | 2026-06 | $365,000 | 1,138 | 61.6% |
| 1315 SIERRA DR | 2025-11 | $345,000 | 1,138 | 65.2% |
| 1346 SIERRA DR | 2025-05 | $382,000 | 1,138 | 58.9% |
| 1115 HALIFAX PL | 2026-06 | $355,000 | 1,138 | 63.4% |
| 414 MOWAT CIRCLE | 2026-06 | $340,000 | 1,268 | 45.3% |
| 621 MOWAT CIRCLE | 2025-08 | $280,000 | 1,280 | 55.4% |
| 11 PANFILI LANE | 2026-04 | $378,500 | 1,394 | 57.6% |
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