The Fair Share Report
7 Dan Rd
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 $409,062 – $538,935, 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 $507,866 home should be assessed near $311,423.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $51,523 below what the ratio math suggests (16.5%).
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 |
|---|---|---|---|---|
| 1981 ARENA DR | 2025-10 | $181,500 | 1,694 | 127.5% |
| 90 HEMPSTEAD RD | 2026-04 | $490,000 | 1,823 | 47.7% |
| 5 BLACKBIRD DR | 2025-04 | $525,000 | 1,687 | 50.7% |
| 54 MAE DR | 2025-07 | $430,000 | 1,736 | 57.0% |
| 864 ESTATES BLVD | 2025-06 | $520,000 | 1,757 | 48.9% |
| 35 WESLEYAN DR | 2026-02 | $450,000 | 1,612 | 58.2% |
| 29 WESLEYAN DR | 2025-09 | $478,000 | 1,612 | 54.5% |
| 25 WESLEYAN DR | 2025-07 | $540,000 | 1,646 | 51.4% |
| 8 DAILEY DR | 2025-10 | $530,000 | 1,792 | 49.1% |
| 77 GARY DR | 2026-05 | $525,000 | 1,757 | 47.0% |
| 3 HESS WAY | 2025-08 | $510,000 | 1,602 | 49.7% |
| 324 MONTANA AVE | 2025-12 | $455,000 | 1,903 | 50.0% |
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