The Fair Share Report

809 Silver Ct

Hamilton, NJ 08690

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

≈ $232,136

Likely range $212,599 – $266,753, 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 $232,136 home should be assessed near $142,346.

Step 3 · Assessed value

$104,400

Set at the last town-wide revaluation and mostly frozen since. That's $37,946 below what the ratio math suggests (26.7%).

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

$3,871/yr
Public schools$1,576
Mercer County$868
Town of Hamilton$1,427
Hamilton average$8,075

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

Town median 51.7%
This home · 45.0%

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
807 SILVER COURT2025-11$240,00085240.1%
1103 SILVER COURT2025-09$220,00085240.1%
1306 SILVER COURT2025-06$247,50085235.7%
912 SILVER COURT2026-03$250,0001,00041.8%
1412 SILVER COURT2026-01$240,0001,00045.0%
908 SILVER COURT2025-04$255,0001,00040.9%
8 CHEVERNY CT2025-09$270,00084445.0%
104 CHAMBORD CT2025-01$225,00084468.5%
82 CHEVERNY CT2025-09$300,0001,00545.9%
65 CHEVERNY CT2025-06$116,9001,005117.9%
14 PINEWOOD DR2026-01$285,00077840.8%
615 SILVER COURT2025-07$250,1001,12045.4%

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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 →