The Fair Share Report
8 Dailey 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 $375,419 – $481,668, from 12 comparable Hamilton sales in the past 18 months, at this home's 1,792 sq ft.
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 $448,718 home should be assessed near $275,154.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $14,854 below what the ratio math suggests (5.4%).
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%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 |
|---|---|---|---|---|
| 389 REGINA AVE | 2025-06 | $570,000 | 1,832 | 49.9% |
| 45 BERREL AVE | 2025-01 | $499,000 | 1,864 | 58.2% |
| 90 HEMPSTEAD RD | 2026-04 | $490,000 | 1,823 | 47.7% |
| 15 CONSTANCE DR | 2025-08 | $469,000 | 1,873 | 57.2% |
| 54 MAE DR | 2025-07 | $430,000 | 1,736 | 57.0% |
| 1981 ARENA DR | 2025-10 | $181,500 | 1,694 | 127.5% |
| 32 HARTMAN DR | 2026-04 | $450,000 | 1,753 | 54.2% |
| 325 JENCOHALLO AVE | 2025-03 | $230,000 | 1,764 | 76.8% |
| 381 REGINA AVE | 2025-08 | $528,000 | 1,822 | 47.4% |
| 119 GARY DR | 2026-05 | $375,000 | 1,790 | 69.1% |
| 121 REGINA AVE | 2026-04 | $490,000 | 1,749 | 41.2% |
| 3 HEIGHTS TERR | 2025-10 | $450,000 | 1,736 | 55.8% |
Is this your house?
Run your own report →