The Fair Share Report

5 Bear Ct

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

≈ $956,190

Likely range $830,343 – $1,072,376, 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 $956,190 home should be assessed near $586,336.

Step 3 · Assessed value

$577,500

Set at the last town-wide revaluation and mostly frozen since. That's $8,836 below what the ratio math suggests (1.5%).

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%

This home's own bill implies $3.665 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$21,164/yr
Public schools$8,618
Mercer County$4,743
Town of Hamilton$7,802
Hamilton average$8,075

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

Town median 51.7%
This home · 60.4%

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
420 EXTON-ALLENTOWN RD2026-01$925,0003,53346.4%
59 GREAT OAK RD2025-08$850,0003,24054.1%
104 ROBIN DR2026-03$750,0003,64860.1%
828 YDV-ALLENTOWN RD2025-05$715,0002,26647.7%
6 PINE BROOK COURT2025-05$1,150,0004,80052.3%
129-131 STATE HWY 1562025-10$700,0004,32046.7%
3 INNOCENZI DR2025-07$600,0003,24073.2%
3 AQUA TERR2025-11$880,0002,74646.4%
264 EDGEBROOK RD2025-12$850,0003,19443.2%
40 TAR HEELS RD EAST2025-11$785,0003,36755.0%
9 NOA COURT2026-02$745,0003,51728.7%
14 SCALIA CT2026-01$940,0004,40463.1%

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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 →