The Fair Share Report

32 Ovington 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.

Step 1 · Market value

≈ $444,988

Likely range $403,500 – $467,352, 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 $444,988 home should be assessed near $272,867.

Step 3 · Assessed value

$248,300

Set at the last town-wide revaluation and mostly frozen since. That's $24,567 below what the ratio math suggests (9.0%).

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

$9,207/yr
Public schools$3,749
Mercer County$2,063
Town of Hamilton$3,394
Hamilton average$8,075

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

Town median 51.7%
This home · 55.8%

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)

AddressSoldPriceSq ftRatio
22 OVINGTON DR2025-12$475,0001,58847.4%
756 YDV-ALLENTOWN RD2025-07$415,0001,56064.3%
6 KIM VALLEY RD2026-02$465,0001,47654.7%
18 COMPTON WAY2025-10$435,0001,49955.5%
3 SEDGWICK RD2025-07$380,0001,44073.1%
2 SHEFFIELD RD2025-12$450,0001,63255.4%
704 DANIELS AVE2026-01$475,0001,64658.6%
15 ASHWOOD RD2025-12$449,9001,49654.3%
3847 MER-QUAKER BR RD2025-09$521,0001,74852.4%
520 VETTERLEIN AVE2025-12$390,0001,59250.5%
169 ELTON AVE2025-07$565,0001,72747.5%
1088 ESTATES BLVD2025-11$550,0001,45251.4%

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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 →