The Fair Share Report

33 Dailey 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

≈ $464,387

Likely range $417,773 – $495,763, 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 $464,387 home should be assessed near $284,762.

Step 3 · Assessed value

$239,000

Set at the last town-wide revaluation and mostly frozen since. That's $45,762 below what the ratio math suggests (16.1%).

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%

This home's own bill implies $3.485 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$8,328/yr
Public schools$3,391
Mercer County$1,866
Town of Hamilton$3,070
Hamilton average$8,075

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

Town median 51.7%
This home · 51.5%

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
20 CORAL DR2026-06$485,0001,55653.6%
8 TOBY LA2026-06$455,0001,64650.5%
156 TETTEMER AVE2026-05$410,0001,52653.2%
7 ASHWOOD RD2025-06$455,0001,55155.4%
25 WALT WHITMAN WAY2025-11$459,9001,57855.6%
1513 KUSER RD2026-06$450,7721,53444.7%
75 WINDING WAY2026-06$458,8001,64649.0%
38 SUNNYBRAE BLVD2025-11$475,0001,56045.7%
181 BRINER LA2025-08$330,0001,49580.1%
34 SYCAMORE WAY2025-06$550,0001,47847.3%
19 TUDOR DR2025-05$479,0001,54451.7%
16 MAGNOLIA LA2025-07$460,0001,48447.0%

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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 →