The Fair Share Report
4 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 $465,846 – $528,674, 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 $511,635 home should be assessed near $313,735.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $77,835 below what the ratio math suggests (24.8%).
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 |
|---|---|---|---|---|
| 35 WESLEYAN DR | 2026-02 | $450,000 | 1,612 | 58.2% |
| 29 WESLEYAN DR | 2025-09 | $478,000 | 1,612 | 54.5% |
| 25 WESLEYAN DR | 2025-07 | $540,000 | 1,646 | 51.4% |
| 88 MADISON AVE | 2025-07 | $425,000 | 1,742 | 48.0% |
| 77 GARY DR | 2026-05 | $525,000 | 1,757 | 47.0% |
| 111 AMHERST AVE | 2025-11 | $435,000 | 1,624 | 45.3% |
| 5 BLACKBIRD DR | 2025-04 | $525,000 | 1,687 | 50.7% |
| 2203 KUSER RD | 2026-01 | $450,000 | 1,508 | 48.1% |
| 66 RUTGERS AVE | 2025-12 | $509,000 | 1,588 | 40.3% |
| 23 DAN RD | 2026-01 | $499,000 | 1,609 | 55.6% |
| 2028 S OLDEN AVE | 2026-01 | $485,000 | 1,566 | 47.1% |
| 17 COUNTRY LANE | 2026-06 | $512,500 | 1,789 | 55.7% |
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