The Fair Share Report
9 Ithaca 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $324,112 – $466,395, from 12 comparable Hamilton sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Hamilton assessments sit below market value — republished every October, applied town-wide. A $422,321 home should be assessed near $258,967.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $49,867 below what the ratio math suggests (19.3%).
Step 4 · The tax rate — same for every Hamilton home
$1.510 Schools · 41% $0.831 County · 22% $1.367 Town · 37%
Step 5 · The bill
This home vs. every recent Hamilton sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 533 TINDALL AVE | 2025-05 | $310,000 | 1,332 | 48.3% |
| 353 REDWOOD AVE | 2026-03 | $450,000 | 1,332 | 44.0% |
| 27 OLDEN TERR | 2025-11 | $400,000 | 1,320 | 47.6% |
| 19 GODFREY DR | 2025-02 | $420,000 | 1,292 | 46.8% |
| 3 FENIMORE RD | 2026-06 | $445,000 | 1,271 | 46.3% |
| 74 UNWIN DR | 2026-06 | $323,000 | 1,254 | 59.4% |
| 50 GERARD RD | 2025-09 | $445,000 | 1,279 | 47.1% |
| 57 UNWIN DR | 2026-03 | $425,000 | 1,254 | 46.8% |
| 21 GODFREY DR | 2025-05 | $485,000 | 1,385 | 48.1% |
| 3 HARWICK DR | 2025-05 | $441,000 | 1,236 | 47.7% |
| 44 FALMOUTH RD | 2025-12 | $430,000 | 1,344 | 48.2% |
| 52 CAROLINE AVE | 2026-06 | $250,000 | 1,269 | 59.5% |
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