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.

Step 1 · Market value

≈ $272,817

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

61.32%

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

$147,100

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

$3.708 per $100 assessed

$1.510 Schools · 41% $0.831 County · 22% $1.367 Town · 37%

Step 5 · The bill

$5,454/yr
Public schools$2,221
Mercer County$1,222
Town of Hamilton$2,011
Hamilton average$8,075

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

Town median 51.7%
This home · 53.9%

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)

AddressSoldPriceSq ftRatio
2134 S CLINTON AVE2025-01$240,0001,05235.6%
20 LEUCKEL AVE2026-01$335,0001,05642.1%
448 LYNWOOD AVE2025-11$300,0001,02441.0%
3 RUDNER AVE2025-10$150,0001,05697.5%
8 RUDNER AVE2025-09$350,0001,15246.2%
1004 WILLIAM ST2026-04$275,0001,06835.4%
64 ARBOR AVE2025-02$201,0001,11685.2%
37 PARTRIDGE AVE2025-09$250,0001,00843.3%
16 KLEIN AVE2025-06$255,0001,05644.4%
1267 NOTTINGHAM WAY2026-03$202,0001,10223.6%
1267 NOTTINGHAM WAY2026-01$100,0001,10247.6%
26 BEAL ST2025-09$315,0001,22941.4%

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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 →