The Fair Share Report
39 Perilli Dr
Hamilton, NJ 08610
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 $510,662 – $628,173, 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 $571,857 home should be assessed near $350,663.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $65,063 below what the ratio math suggests (18.6%).
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%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 7 PINEHURST CT | 2026-01 | $640,000 | 2,016 | 54.8% |
| 3 BUCKALEW COURT | 2025-06 | $620,000 | 1,984 | 49.7% |
| 72 HAMILTON LAKES DRIVE | 2025-04 | $652,000 | 2,166 | 47.5% |
| 2490 SYLVAN AVE | 2026-05 | $549,000 | 2,025 | 50.9% |
| 125 EDWIN AVE | 2026-02 | $530,000 | 1,836 | 43.1% |
| 6 PANNICK DRIVE | 2025-06 | $635,000 | 2,145 | 50.2% |
| 22 HAMILTON LAKES DR | 2025-06 | $632,095 | 1,795 | 42.5% |
| 1338 STATE HWY 33 | 2026-01 | $490,000 | 1,804 | 51.9% |
| 212 CHINNICK AVE | 2025-12 | $550,000 | 1,890 | 52.8% |
| 561 RUTGERS AVE | 2025-02 | $466,000 | 1,988 | 50.0% |
| 5 FALLVIEW COURT | 2025-06 | $450,000 | 1,857 | 51.2% |
| 32 HOBBS RD | 2025-02 | $498,000 | 1,905 | 54.7% |
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