The Fair Share Report

9 Exeter Rd

Hamilton, NJ 08610

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

≈ $353,429

Likely range $324,356 – $374,103, from 12 comparable Hamilton sales in the past 18 months, at this home's 1,008 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 $353,429 home should be assessed near $216,723.

Step 3 · Assessed value

$143,000

Set at the last town-wide revaluation and mostly frozen since. That's $73,723 below what the ratio math suggests (34.0%).

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

$5,302/yr
Public schools$2,159
Mercer County$1,188
Town of Hamilton$1,955
Hamilton average$8,075

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

Town median 51.7%
This home · 40.5%

33%77%

Keep quiet and enjoy it

This home's assessment ratio sits below the Hamilton pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

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

AddressSoldPriceSq ftRatio
24 SOLOFF DR2026-04$365,0001,04137.4%
279 CONNECTICUT AVE2025-08$330,0001,00836.7%
120 THIRD AVE2025-11$345,0001,00844.3%
42 MARK TWAIN DR2025-10$325,00098763.2%
38 LONGWOOD DR2026-01$325,0001,01057.8%
29 PETTYRIDGE RD2025-12$400,0001,04149.7%
52 GERARD RD2025-05$364,0001,03050.0%
52 GERARD RD2025-02$255,0001,03071.4%
32 COLERIDGE AVE2025-07$360,0001,00852.2%
433 SANDALWOOD AVE2025-05$315,0001,01940.5%
25 SHACKAMAXON DR2025-08$415,0001,07551.3%
3236 NOTTINGHAM WAY2025-01$396,0001,06750.5%

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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 →