The Fair Share Report
4 Jericho Dr
Hamilton, NJ 08690
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 $313,207 – $470,874, 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 $397,910 home should be assessed near $243,998.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $10,498 below what the ratio math suggests (4.3%).
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%80%
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 |
|---|---|---|---|---|
| 34 SYCAMORE WAY | 2025-06 | $550,000 | 1,478 | 47.3% |
| 181 BRINER LA | 2025-08 | $330,000 | 1,495 | 80.1% |
| 906 KUSER RD | 2026-03 | $360,000 | 1,408 | 55.9% |
| 1513 KUSER RD | 2026-06 | $450,772 | 1,534 | 44.7% |
| 20 CORAL DR | 2026-06 | $485,000 | 1,556 | 53.6% |
| 16 MAGNOLIA LA | 2025-07 | $460,000 | 1,484 | 47.0% |
| 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% |
| 86 AUDREY PL | 2025-03 | $460,000 | 1,484 | 52.9% |
| 897 ESTATES BLVD | 2025-12 | $470,000 | 1,460 | 48.2% |
| 3 SEDGWICK RD | 2025-07 | $380,000 | 1,440 | 73.1% |
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