The Fair Share Report

8 Mill Rd

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

≈ $699,381

Likely range $649,293 – $731,093, from 12 comparable Hamilton sales in the past 18 months, at this home's 2,544 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 $699,381 home should be assessed near $428,860.

Step 3 · Assessed value

$366,800

Set at the last town-wide revaluation and mostly frozen since. That's $62,060 below what the ratio math suggests (14.5%).

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

$13,601/yr
Public schools$5,539
Mercer County$3,048
Town of Hamilton$5,014
Hamilton average$8,075

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

Town median 51.7%
This home · 52.4%

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)

AddressSoldPriceSq ftRatio
1 HIDDEN HOLLOW DRIVE2025-04$675,0002,77064.9%
828 YDV-ALLENTOWN RD2025-05$715,0002,26647.7%
5 FALLVIEW COURT2025-06$450,0001,85751.2%
59 GREAT OAK RD2025-08$850,0003,24054.1%
2 MONACO DR2026-05$700,0002,49251.4%
49 SEDONA BLVD2025-12$685,0002,49252.2%
69 MONTE CARLO DR2025-05$635,0002,48855.5%
34 MONTE CARLO DR2025-10$715,0002,48849.9%
7 CORRAL DR2025-11$600,0002,38057.9%
29 FOY DR2025-06$787,0002,60850.9%
3 AQUA TERR2025-11$880,0002,74646.4%
81 SUNDANCE DRIVE2026-04$450,0001,74661.4%

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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 →