The Fair Share Report

4 Appleton 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.

Step 1 · Market value

≈ $357,489

Likely range $285,231 – $410,074, 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 $357,489 home should be assessed near $219,212.

Step 3 · Assessed value

$163,900

Set at the last town-wide revaluation and mostly frozen since. That's $55,312 below what the ratio math suggests (25.2%).

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

$6,077/yr
Public schools$2,475
Mercer County$1,362
Town of Hamilton$2,241
Hamilton average$8,075

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

Town median 51.7%
This home · 45.8%

35%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
31 BALTUSROL ST2025-10$410,0001,07549.1%
25 SHACKAMAXON DR2025-08$415,0001,07551.3%
14 HARTMAN DR2025-12$330,0001,08666.8%
6 FORMAN DR2026-02$383,0001,08053.8%
29 PETTYRIDGE RD2025-12$400,0001,04149.7%
222 W PARK AVE2026-05$230,0001,07664.3%
222 W PARK AVE2026-04$178,0001,07683.0%
3236 NOTTINGHAM WAY2025-01$396,0001,06750.5%
868 WH-HAM SQ RD2025-02$309,0001,07554.2%
24 SOLOFF DR2026-04$365,0001,04137.4%
403 DANIELS AVE2025-01$375,0001,13553.1%
255 REGINA AVE2025-09$295,0001,07564.2%

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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 →