The Fair Share Report
44 Mae Dr
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 $294,451 – $389,429, from 12 comparable Hamilton sales in the past 18 months, at this home's 1,073 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 $376,592 home should be assessed near $230,926.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $4,426 below what the ratio math suggests (1.9%).
Step 4 · The tax rate — same for every Hamilton home
$1.510 Schools · 41% $0.831 County · 22% $1.367 Town · 37%
This home's own bill implies $3.474 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Hamilton sale · assessed ÷ market
38%82%
A touch high — worth watching
This home's ratio sits above most of Hamilton, but doesn't clear NJ's legal appeal line (70.52%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 78 CLAYTON AVE | 2026-04 | $326,000 | 1,075 | 53.2% |
| 78 CLAYTON AVE | 2026-03 | $235,000 | 1,075 | 73.8% |
| 101 ELTON AVE | 2025-08 | $485,000 | 1,066 | 43.4% |
| 112 ELTON AVE | 2025-04 | $340,000 | 1,064 | 56.1% |
| 25 COLERIDGE AVE | 2026-01 | $361,500 | 1,030 | 51.5% |
| 6 FORMAN DR | 2026-02 | $383,000 | 1,080 | 53.8% |
| 255 REGINA AVE | 2025-09 | $295,000 | 1,075 | 64.2% |
| 222 W PARK AVE | 2026-05 | $230,000 | 1,076 | 64.3% |
| 222 W PARK AVE | 2026-04 | $178,000 | 1,076 | 83.0% |
| 47 GERARD RD | 2025-05 | $300,000 | 1,030 | 60.0% |
| 50 ELMONT RD | 2025-10 | $402,000 | 1,120 | 55.5% |
| 129 GARY DR | 2026-05 | $435,000 | 1,080 | 47.7% |
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