The Fair Share Report
8 Gres Ct
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $682,873 – $833,510, 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 $727,692 home should be assessed near $446,221.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $59,721 below what the ratio math suggests (13.4%).
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 |
|---|---|---|---|---|
| 319 CYPRESS LANE | 2025-12 | $678,800 | 2,622 | 52.9% |
| 14 BAGGALEY RD | 2025-11 | $640,000 | 2,784 | 60.9% |
| 5 INNOCENZI DR | 2025-03 | $775,000 | 2,907 | 55.3% |
| 18 LEA DRIVE | 2026-04 | $720,000 | 2,788 | 59.3% |
| 31 PETER RAFFERTY DR | 2025-10 | $785,000 | 2,762 | 52.2% |
| 18 JOHN LENHARDT RD | 2025-05 | $780,000 | 2,940 | 51.1% |
| 10 WOLFPACK CT | 2026-01 | $805,000 | 2,756 | 59.3% |
| 2 ERICA LYNNE WAY | 2025-07 | $715,023 | 2,443 | 53.9% |
| 2 PORTOFINO DR | 2026-05 | $730,000 | 2,903 | 49.3% |
| 29 FOY DR | 2025-06 | $787,000 | 2,608 | 50.9% |
| 21 N CREST AVE | 2025-10 | $820,000 | 2,487 | 53.0% |
| 12 APOLLO DR | 2025-06 | $640,000 | 2,592 | 55.5% |
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