The Fair Share Report

59 Third 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

≈ $284,788

Likely range $198,237 – $315,972, from 12 comparable Hamilton sales in the past 18 months, at this home's 840 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 $284,788 home should be assessed near $174,632.

Step 3 · Assessed value

$134,900

Set at the last town-wide revaluation and mostly frozen since. That's $39,732 below what the ratio math suggests (22.8%).

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

$5,002/yr
Public schools$2,037
Mercer County$1,121
Town of Hamilton$1,844
Hamilton average$8,075

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

Town median 51.7%
This home · 47.4%

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)

AddressSoldPriceSq ftRatio
77 ATKINS AVE2025-09$200,00087462.3%
144 STEWARD ST2025-06$318,00083646.6%
110 FIRST AVE2025-01$227,50096456.9%
58 ARBOR AVE2025-04$287,50084849.3%
25 BYRON AVE2026-06$330,00083256.5%
109 N HAMILTON AVE2025-01$333,50098054.9%
56 MAPLE SHADE AVE EAST2025-04$300,00096058.7%
171 LOWELL AVE2025-09$410,00087253.4%
37 PARTRIDGE AVE2025-09$250,0001,00843.3%
204 THROPP AVE2026-01$260,00083757.4%
523 LAFAYETTE AVE2026-05$325,00091243.7%
240 MASON AVE2025-11$230,0001,08867.2%

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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 →