The Fair Share Report
7 Dover 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 $346,741 – $478,885, 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 $436,601 home should be assessed near $267,724.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $47,424 below what the ratio math suggests (17.7%).
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 |
|---|---|---|---|---|
| 3 SEDGWICK RD | 2025-07 | $380,000 | 1,440 | 73.1% |
| 15 ASHWOOD RD | 2025-12 | $449,900 | 1,496 | 54.3% |
| 504 LEUCKEL AVE | 2026-06 | $440,000 | 1,424 | 45.3% |
| 12 ASTER RD | 2025-07 | $452,000 | 1,353 | 51.4% |
| 897 ESTATES BLVD | 2025-12 | $470,000 | 1,460 | 48.2% |
| 16 DEWBERRY DR | 2026-02 | $425,000 | 1,366 | 58.9% |
| 906 KUSER RD | 2026-03 | $360,000 | 1,408 | 55.9% |
| 5 VALLEY VIEW CT | 2025-07 | $470,000 | 1,360 | 48.1% |
| 23 HASTINGS RD | 2025-06 | $275,000 | 1,324 | 85.7% |
| 26 DOREEN RD | 2026-04 | $580,000 | 1,346 | 44.8% |
| 350 MADDOCK AVE | 2026-06 | $384,000 | 1,394 | 51.7% |
| 350 MADDOCK AVE | 2026-04 | $307,000 | 1,394 | 64.6% |
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