The Fair Share Report

6 Appleton Dr

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.

Step 1 · Market value

≈ $422,106

Likely range $376,210 – $476,872, 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 $422,106 home should be assessed near $258,835.

Step 3 · Assessed value

$191,500

Set at the last town-wide revaluation and mostly frozen since. That's $67,335 below what the ratio math suggests (26.0%).

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

$7,101/yr
Public schools$2,892
Mercer County$1,591
Town of Hamilton$2,618
Hamilton average$8,075

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

Town median 51.7%
This home · 45.4%

35%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
360 VETTERLEIN AVE2025-05$460,0001,26239.3%
650 YDV-ALLENTOWN RD2025-05$401,5001,33253.5%
634 WH-HAM SQ RD2025-05$380,0001,20855.8%
22 WHITE STAG DR2025-09$487,5751,29652.8%
3 TEKENING WAY2026-05$375,0001,21656.2%
424 PITMAN AVE2025-07$500,0001,26744.7%
7 DOREEN RD2025-09$435,0001,28248.9%
238 GRAND AVE2025-11$270,0001,22454.9%
150 SAYBROOK AVE2025-08$387,2401,15555.0%
76 WERT AVE2026-05$395,0001,12039.2%
3 VILLAGE CT2025-11$450,0001,07547.2%
23 HASTINGS RD2025-06$275,0001,32485.7%

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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 →