The Fair Share Report
5 Dailey 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 $299,021 – $488,340, 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 $386,479 home should be assessed near $236,989.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $22,889 below what the ratio math suggests (9.7%).
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
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 906 KUSER RD | 2026-03 | $360,000 | 1,408 | 55.9% |
| 10 WHITMAN RD | 2026-02 | $485,000 | 1,360 | 52.4% |
| 504 LEUCKEL AVE | 2026-06 | $440,000 | 1,424 | 45.3% |
| 5 VALLEY VIEW CT | 2025-07 | $470,000 | 1,360 | 48.1% |
| 350 MADDOCK AVE | 2026-06 | $384,000 | 1,394 | 51.7% |
| 350 MADDOCK AVE | 2026-04 | $307,000 | 1,394 | 64.6% |
| 350 MADDOCK AVE | 2026-04 | $255,000 | 1,394 | 77.8% |
| 897 ESTATES BLVD | 2025-12 | $470,000 | 1,460 | 48.2% |
| 3 SEDGWICK RD | 2025-07 | $380,000 | 1,440 | 73.1% |
| 38 ALTHEA AVE | 2025-09 | $450,000 | 1,338 | 50.0% |
| 7 DOWNING RD | 2025-02 | $500,000 | 1,369 | 47.3% |
| 130 CRESCENT AVE | 2025-01 | $330,000 | 1,420 | 73.2% |
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