The Fair Share Report

481 Trinity Ave

Hamilton, NJ 08619

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

≈ $609,994

Likely range $484,028 – $625,853, from 12 comparable Hamilton sales in the past 18 months, at this home's 2,491 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 $609,994 home should be assessed near $374,048.

Step 3 · Assessed value

$270,500

Set at the last town-wide revaluation and mostly frozen since. That's $103,548 below what the ratio math suggests (27.7%).

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

$10,030/yr
Public schools$4,085
Mercer County$2,248
Town of Hamilton$3,698
Hamilton average$8,075

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

Town median 51.7%
This home · 44.3%

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
28 COLD SPRING RD2025-04$485,0002,49665.0%
25 TOBY LA2025-10$549,9992,24650.6%
11 SANDTOWN TERR2025-12$635,0002,54758.0%
85 TUDOR DR2025-11$689,0002,49554.9%
24 JARVIE DR2025-10$550,0002,31052.0%
11 DRIALO DR2026-02$460,0002,64669.4%
14 YORKSHIRE RD2025-09$605,0002,40850.8%
28 WEDGE DR2026-06$622,0002,70651.0%
421 PAXSON AVE2025-03$442,5002,18273.9%
87 LIMEWOOD DR2026-03$590,0002,40757.6%
5 MISTY PINE LA2025-08$600,0002,42450.1%
3534 KLOCKNER RD2026-01$515,0002,85350.5%

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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 →