The Fair Share Report
4875 Broad St
Hamilton, NJ 08610
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 $265,797 – $452,175, from 12 comparable Hamilton sales in the past 18 months (home size estimated from assessor data — range widened).
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 $400,859 home should be assessed near $245,807.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $55,807 below what the ratio math suggests (22.7%).
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
37%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 |
|---|---|---|---|---|
| 38 CAMDEN AVE | 2026-06 | $250,000 | 1,290 | 63.3% |
| 82 HAUSER AVE | 2025-07 | $410,000 | 1,282 | 50.6% |
| 728 HUGHES DR | 2025-11 | $450,000 | 1,322 | 51.0% |
| 424 PITMAN AVE | 2025-07 | $500,000 | 1,267 | 44.7% |
| 624 HUNT AVE | 2025-11 | $330,000 | 1,314 | 41.2% |
| 7 SARANAC RD | 2025-12 | $380,000 | 1,188 | 53.0% |
| 138 LOWELL AVE | 2025-07 | $415,000 | 1,350 | 54.3% |
| 360 VETTERLEIN AVE | 2025-05 | $460,000 | 1,262 | 39.3% |
| 634 WH-HAM SQ RD | 2025-05 | $380,000 | 1,208 | 55.8% |
| 238 GRAND AVE | 2025-11 | $270,000 | 1,224 | 54.9% |
| 44 BISMARK AVE | 2025-12 | $140,000 | 1,254 | 101.4% |
| 22 WHITE STAG DR | 2025-09 | $487,575 | 1,296 | 52.8% |
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