The Fair Share Report
369 Klockner Ave
Hamilton, NJ 08534
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 $272,097 – $385,296, 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 $315,749 home should be assessed near $193,617.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $23,983 above what the ratio math suggests (12.4%).
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%85%
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 |
|---|---|---|---|---|
| 1429 HAMILTON AVE | 2025-06 | $280,000 | 1,664 | 50.7% |
| 231 LAFAYETTE AVE | 2026-02 | $270,000 | 1,685 | 43.4% |
| 2039 GENESEE ST | 2025-01 | $365,000 | 1,599 | 48.7% |
| 310 WILSON AVE | 2025-01 | $425,000 | 1,654 | 52.7% |
| 416 E FRANKLIN ST | 2026-05 | $310,000 | 1,524 | 50.6% |
| 1604 HAMILTON AVE | 2026-06 | $270,000 | 1,584 | 46.6% |
| 116 CHEWALLA BLVD | 2025-07 | $340,000 | 1,508 | 41.3% |
| 1829 NOTTINGHAM WAY | 2025-06 | $299,000 | 1,571 | 49.3% |
| 210 NORWAY AVE | 2025-10 | $350,000 | 1,712 | 33.7% |
| 1848 GREENWOOD AVE | 2026-04 | $350,000 | 1,888 | 42.5% |
| 1848 GREENWOOD AVE | 2025-09 | $225,000 | 1,888 | 66.1% |
| 27 ANNABELLE AVE | 2026-02 | $365,000 | 1,426 | 47.0% |
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