The Fair Share Report

6 Hoffman Dr

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

≈ $537,255

Likely range $497,909 – $593,673, 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 $537,255 home should be assessed near $329,445.

Step 3 · Assessed value

$297,900

Set at the last town-wide revaluation and mostly frozen since. That's $31,545 below what the ratio math suggests (9.6%).

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

$11,046/yr
Public schools$4,498
Mercer County$2,476
Town of Hamilton$4,072
Hamilton average$8,075

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

Town median 51.7%
This home · 55.4%

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
4 KRISTIN WAY2025-06$525,0001,88556.1%
21 KRISTIN WAY2025-09$570,0001,88151.9%
32 HOBBS RD2025-02$498,0001,90554.7%
6 STRASSBERG CT2026-05$600,0001,98757.8%
2490 SYLVAN AVE2026-05$549,0002,02550.9%
43 DEACON DR2025-05$620,0001,77854.0%
2501 SYLVAN AVE2025-11$600,0002,02847.9%
21 STRATTON DR2025-09$545,0002,07456.3%
406 FLOCK RD2026-02$460,0001,77861.5%
406 FLOCK RD2025-11$350,0001,77880.8%
57 TAR HEELS RD2026-06$610,0001,85947.8%
1111 ESTATES BLVD2025-07$619,0001,84752.3%

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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 →