The Fair Share Report
7 Gregory Dr
Hamilton, NJ 08036
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 $203,278 – $450,750, 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 $372,836 home should be assessed near $228,623.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $47,023 below what the ratio math suggests (20.6%).
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
35%95%
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 |
|---|---|---|---|---|
| 80 BARRICKLO ST | 2025-12 | $230,000 | 1,247 | 60.8% |
| 3 HARWICK DR | 2025-05 | $441,000 | 1,236 | 47.7% |
| 333 LYNWOOD AVE | 2026-01 | $180,000 | 1,164 | 72.2% |
| 150 NATRONA AVE | 2025-12 | $200,000 | 1,195 | 101.9% |
| 51 KENWOOD TERR | 2025-08 | $220,000 | 1,171 | 83.7% |
| 403 DANIELS AVE | 2025-01 | $375,000 | 1,135 | 53.1% |
| 23 MARK TWAIN DR | 2026-01 | $470,000 | 1,268 | 52.9% |
| 23 MARK TWAIN DR | 2025-10 | $315,000 | 1,268 | 78.9% |
| 443 FENWOOD AVE | 2025-11 | $460,000 | 1,231 | 47.5% |
| 48 BARBARA DR | 2025-10 | $395,000 | 1,301 | 41.7% |
| 274 CALIFORNIA AVE | 2025-01 | $350,000 | 1,216 | 50.7% |
| 603 LEUCKEL AVE | 2025-06 | $370,000 | 1,200 | 48.5% |
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