The Fair Share Report

37 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

≈ $415,962

Likely range $278,913 – $452,096, 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 $415,962 home should be assessed near $255,068.

Step 3 · Assessed value

$247,100

Set at the last town-wide revaluation and mostly frozen since. That's $7,968 below what the ratio math suggests (3.1%).

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%

Step 5 · The bill

$9,162/yr
Public schools$3,731
Mercer County$2,053
Town of Hamilton$3,378
Hamilton average$8,075

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

Town median 51.7%
This home · 59.4%

38%94%

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
408 CONNECTICUT AVE2025-12$260,0001,72169.2%
42 REDFERN ST2025-10$425,0001,61242.7%
3 SOLOFF DR2025-10$320,0001,67358.2%
327 MCADOO AVE2026-05$400,0001,63455.7%
3 HAROLD DR2026-02$437,5001,54847.8%
3 HEIGHTS TERR2025-10$450,0001,73655.8%
166 FETTER AVE2025-01$386,2501,54751.6%
325 JENCOHALLO AVE2025-03$230,0001,76476.8%
52 EMANUEL ST2025-07$249,0001,51868.8%
32 HARTMAN DR2026-04$450,0001,75354.2%
957 LALOR ST2025-09$355,0001,51246.0%
12 MARIO DR2025-06$535,0001,74049.2%

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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 →