The Fair Share Report
72 Third Ave
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $187,895 – $331,809, 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 $272,817 home should be assessed near $167,291.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $20,191 below what the ratio math suggests (12.1%).
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%84%
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 |
|---|---|---|---|---|
| 2134 S CLINTON AVE | 2025-01 | $240,000 | 1,052 | 35.6% |
| 20 LEUCKEL AVE | 2026-01 | $335,000 | 1,056 | 42.1% |
| 448 LYNWOOD AVE | 2025-11 | $300,000 | 1,024 | 41.0% |
| 3 RUDNER AVE | 2025-10 | $150,000 | 1,056 | 97.5% |
| 8 RUDNER AVE | 2025-09 | $350,000 | 1,152 | 46.2% |
| 1004 WILLIAM ST | 2026-04 | $275,000 | 1,068 | 35.4% |
| 64 ARBOR AVE | 2025-02 | $201,000 | 1,116 | 85.2% |
| 37 PARTRIDGE AVE | 2025-09 | $250,000 | 1,008 | 43.3% |
| 16 KLEIN AVE | 2025-06 | $255,000 | 1,056 | 44.4% |
| 1267 NOTTINGHAM WAY | 2026-03 | $202,000 | 1,102 | 23.6% |
| 1267 NOTTINGHAM WAY | 2026-01 | $100,000 | 1,102 | 47.6% |
| 26 BEAL ST | 2025-09 | $315,000 | 1,229 | 41.4% |
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