The Fair Share Report
67 Stratton 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $374,616 – $431,376, from 12 comparable Hamilton sales in the past 18 months, at this home's 1,419 sq ft.
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 $384,870 home should be assessed near $236,002.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $30,498 above what the ratio math suggests (12.9%).
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%
A touch high — worth watching
This home's ratio sits above most of Hamilton, but doesn't clear NJ's legal appeal line (70.52%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1088 ESTATES BLVD | 2025-11 | $550,000 | 1,452 | 51.4% |
| 1 ZELLEY AVE | 2025-07 | $520,000 | 1,456 | 48.9% |
| 732 MOWAT CIRCLE | 2025-10 | $325,000 | 1,414 | 50.9% |
| 334 MOWAT CIRCLE | 2025-06 | $335,000 | 1,414 | 49.3% |
| 89 CHAMBORD CT | 2026-04 | $338,000 | 1,272 | 47.5% |
| 54 VERSAILLES CT | 2026-03 | $345,000 | 1,272 | 46.5% |
| 49 VERSAILLES CT | 2025-05 | $325,000 | 1,272 | 50.5% |
| 27 VERSAILLES CT | 2025-12 | $335,000 | 1,250 | 47.5% |
| 23 CHAMBORD CT | 2025-12 | $330,000 | 1,250 | 52.1% |
| 109 CHAMBORD CT | 2025-11 | $380,000 | 1,250 | 47.5% |
| 72 CHEVERNY CT | 2025-08 | $330,000 | 1,250 | 48.2% |
| 1 CHAMBORD CT | 2025-05 | $342,000 | 1,250 | 46.9% |
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