The Fair Share Report

8 E Acres 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.

Step 1 · Market value

≈ $671,412

Likely range $633,782 – $753,339, from 12 comparable Hamilton sales in the past 18 months, at this home's 2,514 sq ft.

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 $671,412 home should be assessed near $411,710.

Step 3 · Assessed value

$323,400

Set at the last town-wide revaluation and mostly frozen since. That's $88,310 below what the ratio math suggests (21.4%).

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

$11,992/yr
Public schools$4,883
Mercer County$2,687
Town of Hamilton$4,421
Hamilton average$8,075

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

Town median 51.7%
This home · 48.2%

37%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)

AddressSoldPriceSq ftRatio
7 CORRAL DR2025-11$600,0002,38057.9%
3 AQUA TERR2025-11$880,0002,74646.4%
828 YDV-ALLENTOWN RD2025-05$715,0002,26647.7%
26 ARROWWOOD DR2025-04$695,0002,62551.6%
12 APOLLO DR2025-06$640,0002,59255.5%
87 LIMEWOOD DR2026-03$590,0002,40757.6%
2 MICHAEL MCCORRISTIN RD2025-06$700,0002,94059.8%
420 EXTON-ALLENTOWN RD2026-01$925,0003,53346.4%
4503 CROSS-HAM SQ RD2026-01$625,0002,23856.2%
79 WOLFPACK RD2025-06$631,0002,24749.9%
20 ELKSHEAD TERR2025-07$655,0002,42059.0%
390 YDV-HAM SQ RD2026-04$575,0002,15362.0%

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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 →