The Fair Share Report
8 Constance Dr
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 $224,729 – $452,635, 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 $420,340 home should be assessed near $257,752.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $7,952 below what the ratio math suggests (3.1%).
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%117%
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 |
|---|---|---|---|---|
| 3 HEIGHTS TERR | 2025-10 | $450,000 | 1,736 | 55.8% |
| 325 JENCOHALLO AVE | 2025-03 | $230,000 | 1,764 | 76.8% |
| 32 HARTMAN DR | 2026-04 | $450,000 | 1,753 | 54.2% |
| 3 SOLOFF DR | 2025-10 | $320,000 | 1,673 | 58.2% |
| 327 MCADOO AVE | 2026-05 | $400,000 | 1,634 | 55.7% |
| 54 MAE DR | 2025-07 | $430,000 | 1,736 | 57.0% |
| 12 MARIO DR | 2025-06 | $535,000 | 1,740 | 49.2% |
| 44 LIVINGSTON DR | 2025-11 | $525,000 | 1,516 | 40.9% |
| 1981 ARENA DR | 2025-10 | $181,500 | 1,694 | 127.5% |
| 408 CONNECTICUT AVE | 2025-12 | $260,000 | 1,721 | 69.2% |
| 24 OLYMPIA AVE | 2026-02 | $225,000 | 1,653 | 87.2% |
| 3 HAROLD DR | 2026-02 | $437,500 | 1,548 | 47.8% |
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