The Fair Share Report

97 Gary Dr

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

≈ $478,552

Likely range $449,135 – $517,257, 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 $478,552 home should be assessed near $293,448.

Step 3 · Assessed value

$250,900

Set at the last town-wide revaluation and mostly frozen since. That's $42,548 below what the ratio math suggests (14.5%).

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

$9,303/yr
Public schools$3,789
Mercer County$2,085
Town of Hamilton$3,430
Hamilton average$8,075

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

Town median 51.7%
This home · 52.4%

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
111 AMHERST AVE2025-11$435,0001,62445.3%
5 BLACKBIRD DR2025-04$525,0001,68750.7%
35 WESLEYAN DR2026-02$450,0001,61258.2%
29 WESLEYAN DR2025-09$478,0001,61254.5%
25 WALT WHITMAN WAY2025-11$459,9001,57855.6%
8 TOBY LA2026-06$455,0001,64650.5%
446 TRINITY AVE2025-06$470,0001,81253.8%
25 WESLEYAN DR2025-07$540,0001,64651.4%
1994 KLOCKNER RD2026-05$470,0001,69056.4%
66 RUTGERS AVE2025-12$509,0001,58840.3%
864 ESTATES BLVD2025-06$520,0001,75748.9%
75 WINDING WAY2026-06$458,8001,64649.0%

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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 →