The Fair Share Report

76 Third 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

≈ $286,324

Likely range $172,811 – $413,246, 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 $286,324 home should be assessed near $175,574.

Step 3 · Assessed value

$161,200

Set at the last town-wide revaluation and mostly frozen since. That's $14,374 below what the ratio math suggests (8.2%).

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

$5,977/yr
Public schools$2,434
Mercer County$1,340
Town of Hamilton$2,204
Hamilton average$8,075

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

Town median 51.7%
This home · 56.3%

34%99%

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
274 MCADOO AVE2026-06$420,0001,19048.4%
240 MASON AVE2025-11$230,0001,08867.2%
868 KLOCKNER AVE2025-08$150,0001,198101.1%
3346 NOTTINGHAM WAY2026-02$195,0001,33285.4%
44 BISMARK AVE2025-12$140,0001,254101.4%
507 VETTERLEIN AVE2025-11$325,0001,26446.8%
112 MAGOWAN AVE2025-10$355,0001,12143.3%
1853 MCGALLIARD AVE2025-09$350,00098448.1%
64 ARBOR AVE2025-02$201,0001,11685.2%
109 N HAMILTON AVE2025-01$333,50098054.9%
184 GRAND AVE2025-03$329,0001,32641.7%
2587 YDV-HAM SQ RD2025-07$263,1001,24556.8%

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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 →