The Fair Share Report

74 Second Ave

Hamilton, NJ 08619

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

≈ $404,159

Likely range $325,885 – $446,917, 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 $404,159 home should be assessed near $247,830.

Step 3 · Assessed value

$154,200

Set at the last town-wide revaluation and mostly frozen since. That's $93,630 below what the ratio math suggests (37.8%).

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

$5,718/yr
Public schools$2,328
Mercer County$1,281
Town of Hamilton$2,108
Hamilton average$8,075

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

Town median 51.7%
This home · 38.2%

29%77%

Keep quiet and enjoy it

This home's assessment ratio sits below the Hamilton pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
23 BEAUMONT RD2025-12$465,0001,17643.4%
35 HASTINGS RD2025-08$400,0001,15448.5%
102 ARMOUR AVE2025-08$340,0001,17151.1%
20 BETHANY CT2025-09$402,0001,14349.1%
26 COLERIDGE AVE2025-10$385,0001,19848.1%
38 ALBEMARLE RD2025-05$465,0001,16650.2%
35 UNWIN DR2026-04$276,0001,16467.7%
1027 ESTATES BLVD2026-04$440,0001,16652.0%
23 DARK LEAF DR2026-01$390,0001,17656.9%
51 KENWOOD TERR2025-08$220,0001,17183.7%
16 BENSON LA2025-07$394,9001,13646.2%
20 CLAUDE RD2026-01$440,0001,29751.9%

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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 →