The Fair Share Report
5 Frederick Ave
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 $335,508 – $455,125, 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 $393,972 home should be assessed near $241,584.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $14,884 below what the ratio math suggests (6.2%).
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 |
|---|---|---|---|---|
| 1513 KUSER RD | 2026-06 | $450,772 | 1,534 | 44.7% |
| 156 TETTEMER AVE | 2026-05 | $410,000 | 1,526 | 53.2% |
| 20 CORAL DR | 2026-06 | $485,000 | 1,556 | 53.6% |
| 2007 KINTER AVE | 2025-12 | $280,000 | 1,428 | 66.2% |
| 326 TINDALL AVE | 2026-04 | $365,000 | 1,411 | 46.0% |
| 130 CRESCENT AVE | 2025-01 | $330,000 | 1,420 | 73.2% |
| 8 TOBY LA | 2026-06 | $455,000 | 1,646 | 50.5% |
| 551 HOBART AVE | 2026-05 | $335,000 | 1,479 | 55.7% |
| 226 SAYBROOK AVE | 2025-11 | $435,000 | 1,488 | 55.2% |
| 4 FORMAN DR | 2025-12 | $250,000 | 1,452 | 92.4% |
| 75 WINDING WAY | 2026-06 | $458,800 | 1,646 | 49.0% |
| 906 KUSER RD | 2026-03 | $360,000 | 1,408 | 55.9% |
Is this your house?
Run your own report →