The Fair Share Report

6 Gres Ct

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

≈ $751,806

Likely range $690,289 – $778,522, 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 $751,806 home should be assessed near $461,007.

Step 3 · Assessed value

$395,800

Set at the last town-wide revaluation and mostly frozen since. That's $65,207 below what the ratio math suggests (14.1%).

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

$14,676/yr
Public schools$5,977
Mercer County$3,289
Town of Hamilton$5,411
Hamilton average$8,075

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

Town median 51.7%
This home · 52.6%

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
5 INNOCENZI DR2025-03$775,0002,90755.3%
319 CYPRESS LANE2025-12$678,8002,62252.9%
18 JOHN LENHARDT RD2025-05$780,0002,94051.1%
2 PORTOFINO DR2026-05$730,0002,90349.3%
21 JIMARIE COURT2025-08$792,0003,04255.9%
14 BAGGALEY RD2025-11$640,0002,78460.9%
19 MONTE CARLO DR2026-06$700,0002,90351.1%
18 LEA DRIVE2026-04$720,0002,78859.3%
924 HUGHES DR2026-01$690,0003,16058.8%
31 PETER RAFFERTY DR2025-10$785,0002,76252.2%
3 INNOCENZI DR2025-07$600,0003,24073.2%
53 RAY DWIER DR2025-02$775,0002,90859.1%

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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 →