The Fair Share Report

80 Second Ave

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.

Step 1 · Market value

≈ $346,143

Likely range $306,804 – $371,392, from 12 comparable Hamilton sales in the past 18 months (home size estimated from assessor data — range widened).

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 $346,143 home should be assessed near $212,255.

Step 3 · Assessed value

$147,900

Set at the last town-wide revaluation and mostly frozen since. That's $64,355 below what the ratio math suggests (30.3%).

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

$5,484/yr
Public schools$2,233
Mercer County$1,229
Town of Hamilton$2,022
Hamilton average$8,075

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

Town median 51.7%
This home · 42.7%

34%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
124 SAMDIN BLVD2025-07$320,0001,17147.8%
222 SAMDIN BLVD2026-05$345,0001,12041.7%
187 CHAPMAN AVE2026-02$375,0001,16449.3%
44 ELEANOR AVE2025-05$355,0001,16237.7%
140 MADDOCK AVE2026-01$299,9001,08663.6%
604 SCHILLER AVE2026-01$457,0001,16437.3%
44 JEREMIAH AVE2025-12$325,0001,10840.1%
16 ALFRED AVE2025-05$315,0001,03444.8%
2 GODFREY DR2025-12$430,0001,07546.1%
156 FITZ RANDOLPH AVE2026-02$310,0001,16252.5%
2032 S CLINTON AVE2025-04$325,0001,07636.6%
41 COLLINS RD2025-11$304,0001,13764.0%

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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 →