The Fair Share Report

45 Rolling La

Hamilton, NJ 08690

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

≈ $473,019

Likely range $440,915 – $497,554, 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 $473,019 home should be assessed near $290,055.

Step 3 · Assessed value

$236,100

Set at the last town-wide revaluation and mostly frozen since. That's $53,955 below what the ratio math suggests (18.6%).

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

$8,755/yr
Public schools$3,565
Mercer County$1,962
Town of Hamilton$3,227
Hamilton average$8,075

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

Town median 51.7%
This home · 49.9%

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)

AddressSoldPriceSq ftRatio
86 AUDREY PL2025-03$460,0001,48452.9%
16 MAGNOLIA LA2025-07$460,0001,48447.0%
28 JAMAICA WAY2025-07$480,0001,48455.7%
181 BRINER LA2025-08$330,0001,49580.1%
179 SAYBROOK AVE2026-04$385,0001,46759.0%
14 MIRY BROOK RD2026-03$480,0001,48050.2%
34 SYCAMORE WAY2025-06$550,0001,47847.3%
19 TUDOR DR2025-05$479,0001,54451.7%
38 SUNNYBRAE BLVD2025-11$475,0001,56045.7%
20 CORAL DR2026-06$485,0001,55653.6%
14 SYCAMORE WAY2025-11$489,9991,47847.3%
551 HOBART AVE2026-05$335,0001,47955.7%

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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 →