The Fair Share Report

9 Compton Way

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

≈ $753,371

Likely range $680,902 – $820,131, 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 $753,371 home should be assessed near $461,967.

Step 3 · Assessed value

$388,400

Set at the last town-wide revaluation and mostly frozen since. That's $73,567 below what the ratio math suggests (15.9%).

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

$14,402/yr
Public schools$5,865
Mercer County$3,228
Town of Hamilton$5,309
Hamilton average$8,075

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

Town median 51.7%
This home · 51.6%

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
29 FOY DR2025-06$787,0002,60850.9%
18 LEA DRIVE2026-04$720,0002,78859.3%
11 MARJORIE WAY2025-10$750,0002,42852.8%
2 ERICA LYNNE WAY2025-07$715,0232,44353.9%
319 CYPRESS LANE2025-12$678,8002,62252.9%
462 TRINITY AVE2025-04$485,0002,76055.4%
2 MONACO DR2026-05$700,0002,49251.4%
3 VALLI COURT2026-05$745,0002,37649.7%
21 JIMARIE COURT2025-08$792,0003,04255.9%
102 KRISTOPHER DRIVE2025-06$650,0002,28852.6%
14 BAGGALEY RD2025-11$640,0002,78460.9%
2 PORTOFINO DR2026-05$730,0002,90349.3%

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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 →