The Fair Share Report
77 Locust Ave E
Hamilton, NJ 08620
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 $322,142 – $407,839, 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 $351,617 home should be assessed near $215,612.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $60,212 below what the ratio math suggests (27.9%).
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
33%77%
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 |
|---|---|---|---|---|
| 886 WH-HAM SQ RD | 2025-09 | $350,000 | 1,075 | 51.8% |
| 618 ATLANTIC AVE | 2025-07 | $200,000 | 1,056 | 91.5% |
| 16 ALBEMARLE RD | 2025-08 | $366,000 | 1,092 | 56.0% |
| 125 LENOX AVE | 2026-04 | $330,000 | 1,068 | 49.7% |
| 769 WH-MER RD | 2025-10 | $210,000 | 1,064 | 89.9% |
| 769 WH-MER RD | 2025-05 | $200,000 | 1,064 | 94.3% |
| 2180 S OLDEN AVE | 2025-01 | $385,000 | 1,040 | 49.0% |
| 25 HOLT CR | 2025-09 | $460,000 | 989 | 40.1% |
| 112 DOUGLAS AVE | 2025-09 | $345,000 | 1,075 | 46.1% |
| 337 MONTANA AVE | 2025-07 | $400,000 | 1,008 | 48.6% |
| 36 BRIGHTEN DR | 2025-11 | $375,000 | 995 | 50.7% |
| 18 MIDDLETON DR | 2025-08 | $515,000 | 1,136 | 47.5% |
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