The Fair Share Report

9 Constance Dr

Hamilton, NJ 08620

The town catches up with market prices only once a year — and only based on the average change of all homes in the area. This report checks whether this house's assessment kept pace.

This home's payments are about right

It sits inside Hamilton's normal range — market price changes haven't singled it out. No case for a tax appeal.

Step 1 · Market value

≈ $452,131

Likely range $354,563 – $490,179, from 12 comparable Hamilton sales in the past 18 months, at this home's 1,891 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 $452,131 home should be assessed near $277,247.

Step 3 · Assessed value

$273,000

Set at the last town-wide revaluation and mostly frozen since. That's $4,247 below what the ratio math suggests (1.5%).

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

$10,123/yr
Public schools$4,122
Mercer County$2,269
Town of Hamilton$3,732
Hamilton average$8,075

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

Town median 51.7%
This home · 60.4%

38%82%

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
316 W PARK AVE2025-10$370,0001,91452.7%
15 CONSTANCE DR2025-08$469,0001,87357.2%
325 JENCOHALLO AVE2025-03$230,0001,76476.8%
2640 S CLINTON AVE2026-04$450,0001,92047.6%
47 HILLHURST AVE2026-06$360,0001,92065.4%
47 HILLHURST AVE2026-04$290,0001,92081.2%
32 HARTMAN DR2026-04$450,0001,75354.2%
3 HEIGHTS TERR2025-10$450,0001,73655.8%
45 BERREL AVE2025-01$499,0001,86458.2%
26 E FRANKLIN ST2026-05$300,0001,94153.0%
324 MONTANA AVE2025-12$455,0001,90350.0%
8 DAILEY DR2025-10$530,0001,79249.1%

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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 →