The Fair Share Report

6 Compton Way

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.

Step 1 · Market value

≈ $567,621

Likely range $521,472 – $612,625, from 12 comparable Hamilton sales in the past 18 months, at this home's 2,126 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 $567,621 home should be assessed near $348,065.

Step 3 · Assessed value

$296,400

Set at the last town-wide revaluation and mostly frozen since. That's $51,665 below what the ratio math suggests (14.8%).

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

$10,991/yr
Public schools$4,476
Mercer County$2,463
Town of Hamilton$4,052
Hamilton average$8,075

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

Town median 51.7%
This home · 52.2%

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)

AddressSoldPriceSq ftRatio
15 STRATTON DR2025-07$599,9992,07450.9%
8 OAKEN LA2025-09$630,0002,23648.4%
641 YDV-HAM SQ RD2026-01$412,0002,25659.9%
641 YDV-HAM SQ RD2025-10$200,0002,256123.3%
35 CARL SANDBURG DR2026-05$520,0002,12050.8%
3 GALLAVAN WAY2025-07$625,0001,95645.7%
19 MARTIN LA2025-10$600,0002,09454.0%
10 CARL SANDBURG DR2026-01$545,0002,02853.3%
20 WOLFPACK RD2025-06$640,0002,22153.1%
21 STRATTON DR2025-09$545,0002,07456.3%
681 SHADY LA2025-07$650,0001,92343.2%
16 GUILFORD LA2025-10$610,0002,34150.6%

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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 →