The Fair Share Report
6 Ithaca 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $372,954 – $486,545, 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 $452,512 home should be assessed near $277,480.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $26,980 below what the ratio math suggests (9.7%).
Step 4 · The tax rate — same for every Hamilton home
$1.510 Schools · 41% $0.831 County · 22% $1.367 Town · 37%
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 |
|---|---|---|---|---|
| 8 TOBY LA | 2026-06 | $455,000 | 1,646 | 50.5% |
| 20 CORAL DR | 2026-06 | $485,000 | 1,556 | 53.6% |
| 75 WINDING WAY | 2026-06 | $458,800 | 1,646 | 49.0% |
| 156 TETTEMER AVE | 2026-05 | $410,000 | 1,526 | 53.2% |
| 2 TEKENING WAY | 2026-02 | $520,000 | 1,666 | 51.5% |
| 2 TEKENING WAY | 2025-08 | $430,000 | 1,666 | 62.3% |
| 1981 ARENA DR | 2025-10 | $181,500 | 1,694 | 127.5% |
| 1513 KUSER RD | 2026-06 | $450,772 | 1,534 | 44.7% |
| 25 WALT WHITMAN WAY | 2025-11 | $459,900 | 1,578 | 55.6% |
| 7 ASHWOOD RD | 2025-06 | $455,000 | 1,551 | 55.4% |
| 937 S OLDEN AVE | 2025-07 | $250,000 | 1,664 | 63.3% |
| 103 HOMESTEAD AVE | 2025-01 | $400,000 | 1,622 | 49.2% |
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