The Fair Share Report

7 Aster Rd

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

≈ $480,796

Likely range $412,203 – $528,122, 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 $480,796 home should be assessed near $294,824.

Step 3 · Assessed value

$269,400

Set at the last town-wide revaluation and mostly frozen since. That's $25,424 below what the ratio math suggests (8.6%).

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

$9,989/yr
Public schools$4,068
Mercer County$2,239
Town of Hamilton$3,683
Hamilton average$8,075

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

Town median 51.7%
This home · 56.0%

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
119 GARY DR2026-05$375,0001,79069.1%
381 REGINA AVE2025-08$528,0001,82247.4%
25 BRAVER DR2026-06$430,0001,82355.7%
389 REGINA AVE2025-06$570,0001,83249.9%
446 TRINITY AVE2025-06$470,0001,81253.8%
8 DAILEY DR2025-10$530,0001,79249.1%
368 REGINA AVE2026-03$450,0001,76357.2%
129 REDWOOD AVE2025-08$375,0001,84559.9%
127 BENTLEY AVE2026-03$420,0001,78252.0%
864 ESTATES BLVD2025-06$520,0001,75748.9%
90 HEMPSTEAD RD2026-04$490,0001,82347.7%
8 TOBY LA2026-06$455,0001,64650.5%

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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 →