The Fair Share Report
6 Aster Rd
Hamilton, NJ 08690
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 $328,907 – $479,478, 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 $447,870 home should be assessed near $274,634.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $58,734 below what the ratio math suggests (21.4%).
Step 4 · The tax rate — same for every Hamilton home
$1.510 Schools · 41% $0.831 County · 22% $1.367 Town · 37%
This home's own bill implies $3.592 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
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 |
|---|---|---|---|---|
| 33 ELTON AVE | 2026-03 | $340,000 | 1,404 | 61.7% |
| 44 ROLLING LA | 2025-07 | $521,000 | 1,353 | 45.1% |
| 15 BOLTON RD | 2025-09 | $515,000 | 1,380 | 47.9% |
| 21 KAY RD | 2025-12 | $455,000 | 1,404 | 50.6% |
| 235 GEORGE DYE RD | 2025-07 | $450,000 | 1,353 | 51.9% |
| 3 SEDGWICK RD | 2025-07 | $380,000 | 1,440 | 73.1% |
| 16 MEROVAN AVE | 2025-12 | $467,500 | 1,362 | 40.6% |
| 28 MAE DR | 2026-04 | $380,000 | 1,380 | 58.9% |
| 12 ARGONNE AVE | 2025-01 | $430,000 | 1,297 | 51.3% |
| 17 MAGUIRE RD | 2026-05 | $490,000 | 1,380 | 48.4% |
| 20 GOEKE DR | 2025-03 | $250,000 | 1,450 | 106.5% |
| 28 JAMAICA WAY | 2025-07 | $480,000 | 1,484 | 55.7% |
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