The Fair Share Report
4 Alpha Rd
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 $245,594 – $484,213, 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 $339,516 home should be assessed near $208,191.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $1,809 above what the ratio math suggests (0.9%).
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%91%
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 |
|---|---|---|---|---|
| 350 MADDOCK AVE | 2026-06 | $384,000 | 1,394 | 51.7% |
| 350 MADDOCK AVE | 2026-04 | $307,000 | 1,394 | 64.6% |
| 350 MADDOCK AVE | 2026-04 | $255,000 | 1,394 | 77.8% |
| 34 SYCAMORE WAY | 2025-06 | $550,000 | 1,478 | 47.3% |
| 108 WINDING WAY | 2025-11 | $447,000 | 1,360 | 46.5% |
| 3 SEDGWICK RD | 2025-07 | $380,000 | 1,440 | 73.1% |
| 906 KUSER RD | 2026-03 | $360,000 | 1,408 | 55.9% |
| 20 GOEKE DR | 2025-03 | $250,000 | 1,450 | 106.5% |
| 33 ELTON AVE | 2026-03 | $340,000 | 1,404 | 61.7% |
| 7 DOWNING RD | 2025-02 | $500,000 | 1,369 | 47.3% |
| 15 FRANCINE DR | 2025-08 | $300,000 | 1,344 | 70.9% |
| 15 FRANCINE DR | 2025-08 | $250,000 | 1,344 | 85.0% |
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