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.

Step 1 · Market value

≈ $408,909

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

61.32%

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

$204,900

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

$3.708 per $100 assessed

$1.510 Schools · 41% $0.831 County · 22% $1.367 Town · 37%

Step 5 · The bill

$7,598/yr
Public schools$3,094
Mercer County$1,703
Town of Hamilton$2,801
Hamilton average$8,075

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

Town median 51.7%
This home · 50.1%

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)

AddressSoldPriceSq ftRatio
3380 NOTTINGHAM WAY2025-07$500,0002,42453.1%
210 MAIN ST2025-06$561,0002,06744.6%
134 GRAND AVE2025-10$250,0002,19673.9%
332-334 KLOCKNER AVE2026-02$422,0002,50049.0%
52 LEUCKEL AVE2026-04$350,0001,82452.5%
2931 NOTTINGHAM WAY2026-03$520,0002,35750.4%
239 MAIN ST2026-02$435,0002,55056.0%
20 W PARK AVE2025-07$255,0002,06280.5%
659 HUNT AVE2025-07$365,0001,64059.1%
355 LEONARD AVE2026-03$500,0002,14553.9%
1350 CEDAR LA2025-11$138,0001,580122.8%
29 WALT WHITMAN WAY2025-12$525,0002,16856.8%

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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 →