The Fair Share Report

417 E Howell St

Hamilton, NJ 08075

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

≈ $328,221

Likely range $235,883 – $422,646, 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 $328,221 home should be assessed near $201,265.

Step 3 · Assessed value

$151,800

Set at the last town-wide revaluation and mostly frozen since. That's $49,465 below what the ratio math suggests (24.6%).

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

$5,629/yr
Public schools$2,292
Mercer County$1,261
Town of Hamilton$2,075
Hamilton average$8,075

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

Town median 51.7%
This home · 46.2%

30%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
43 SHERWOOD AVE2025-07$515,0001,30047.5%
624 HUNT AVE2025-11$330,0001,31441.2%
274 MCADOO AVE2026-06$420,0001,19048.4%
3346 NOTTINGHAM WAY2026-02$195,0001,33285.4%
2526 LIBERTY ST2025-06$360,0001,40048.7%
44 BISMARK AVE2025-12$140,0001,254101.4%
10 EMELINE AVE2025-09$330,0001,27645.8%
443 FENWOOD AVE2025-11$460,0001,23147.5%
184 GRAND AVE2025-03$329,0001,32641.7%
2414 HAMILTON AVE2026-05$330,0001,49855.6%
503 W PARK AVE2025-02$273,5001,41174.7%
109 ACRES DR2026-01$365,0001,43974.5%

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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 →