The Fair Share Report
68 Locust Ave E
Hamilton, NJ 08620
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 $349,199 – $446,118, 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 $385,228 home should be assessed near $236,222.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $68,922 below what the ratio math suggests (29.2%).
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
32%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 |
|---|---|---|---|---|
| 18 MIDDLETON DR | 2025-08 | $515,000 | 1,136 | 47.5% |
| 32 SARANAC RD | 2025-09 | $469,900 | 1,144 | 46.2% |
| 71 JARVIE DR | 2025-10 | $445,000 | 1,172 | 45.2% |
| 1 PHEASANT LA | 2025-06 | $420,000 | 1,140 | 51.0% |
| 16 ALBEMARLE RD | 2025-08 | $366,000 | 1,092 | 56.0% |
| 150 SAYBROOK AVE | 2025-08 | $387,240 | 1,155 | 55.0% |
| 216 RUTGERS AVE | 2026-05 | $460,000 | 1,224 | 42.0% |
| 3 TEKENING WAY | 2026-05 | $375,000 | 1,216 | 56.2% |
| 886 WH-HAM SQ RD | 2025-09 | $350,000 | 1,075 | 51.8% |
| 20 MAGUIRE RD | 2025-03 | $420,000 | 1,136 | 47.0% |
| 125 LENOX AVE | 2026-04 | $330,000 | 1,068 | 49.7% |
| 5 DELOTTO DR | 2025-11 | $470,000 | 1,128 | 46.6% |
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