The Fair Share Report

33 Wolfpack Rd

Hamilton, NJ 08619

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

≈ $560,387

Likely range $496,696 – $605,228, 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 $560,387 home should be assessed near $343,629.

Step 3 · Assessed value

$320,400

Set at the last town-wide revaluation and mostly frozen since. That's $23,229 below what the ratio math suggests (6.8%).

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

$11,880/yr
Public schools$4,838
Mercer County$2,663
Town of Hamilton$4,380
Hamilton average$8,075

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

Town median 51.7%
This home · 57.2%

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
21 STRATTON DR2025-09$545,0002,07456.3%
8 CLARION CT2025-02$425,0002,05274.3%
6 STRASSBERG CT2026-05$600,0001,98757.8%
2490 SYLVAN AVE2026-05$549,0002,02550.9%
19 MARTIN LA2025-10$600,0002,09454.0%
35 CARL SANDBURG DR2026-05$520,0002,12050.8%
2501 SYLVAN AVE2025-11$600,0002,02847.9%
15 STRATTON DR2025-07$599,9992,07450.9%
10 CARL SANDBURG DR2026-01$545,0002,02853.3%
561 RUTGERS AVE2025-02$466,0001,98850.0%
125 LAURA AVE2025-10$475,0002,03853.6%
4 KRISTIN WAY2025-06$525,0001,88556.1%

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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 →