The Fair Share Report
4237 Broad St
Hamilton, NJ 08620
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 $359,713 – $496,737, from 12 comparable Hamilton sales in the past 18 months, at this home's 2,131 sq ft.
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 $408,909 home should be assessed near $250,743.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $45,843 below what the ratio math suggests (18.3%).
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
36%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 |
|---|---|---|---|---|
| 3380 NOTTINGHAM WAY | 2025-07 | $500,000 | 2,424 | 53.1% |
| 210 MAIN ST | 2025-06 | $561,000 | 2,067 | 44.6% |
| 134 GRAND AVE | 2025-10 | $250,000 | 2,196 | 73.9% |
| 332-334 KLOCKNER AVE | 2026-02 | $422,000 | 2,500 | 49.0% |
| 52 LEUCKEL AVE | 2026-04 | $350,000 | 1,824 | 52.5% |
| 2931 NOTTINGHAM WAY | 2026-03 | $520,000 | 2,357 | 50.4% |
| 239 MAIN ST | 2026-02 | $435,000 | 2,550 | 56.0% |
| 20 W PARK AVE | 2025-07 | $255,000 | 2,062 | 80.5% |
| 659 HUNT AVE | 2025-07 | $365,000 | 1,640 | 59.1% |
| 355 LEONARD AVE | 2026-03 | $500,000 | 2,145 | 53.9% |
| 1350 CEDAR LA | 2025-11 | $138,000 | 1,580 | 122.8% |
| 29 WALT WHITMAN WAY | 2025-12 | $525,000 | 2,168 | 56.8% |
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