The Fair Share Report

119 Basin Rd

Hammonton, NJ 08037

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

≈ $415,740

Likely range $375,932 – $540,976, from 12 comparable Hammonton sales in the past 18 months, at this home's 2,218 sq ft.

Step 2 · The Director's Ratio

69.26%

The state's official measure of how far Hammonton assessments sit below market value — republished every October, applied town-wide. A $415,740 home should be assessed near $287,942.

Step 3 · Assessed value

$383,200

Set at the last town-wide revaluation and mostly frozen since. That's $95,258 above what the ratio math suggests (33.1%).

Step 4 · The tax rate — same for every Hammonton home

$2.817 per $100 assessed

$1.451 Schools · 52% $0.570 County · 20% $0.796 Town · 28%

Step 5 · The bill

$10,795/yr
Public schools$5,560
Atlantic County$2,184
Town of Hammonton$3,050
Hammonton average$6,353

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

Town median 65.1%
This home · 92.2%

45%108%

Paying about right

This home's ratio lands inside Hammonton'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
31 LEAH COURT2025-08$427,0002,36861.9%
35 LAHN LANE2025-02$410,0002,41965.9%
211 S WASHINGTON ST2026-03$567,8252,32363.4%
173 LAKESHORE DR2025-08$590,0002,24061.5%
93 W 15TH ST2025-02$699,9002,54667.6%
744 4TH ST2025-02$320,0002,140124.8%
93 JAMESTOWN BLVD2026-01$208,0001,62682.2%
104 MIDDLE RD2025-09$385,0002,05477.2%
721 CENTRAL AVE2026-04$431,0002,09246.6%
60 BROADWAY2025-02$440,0002,30662.8%
275 N WHITE HORSE PK2025-01$300,0002,45180.0%
901 12TH ST2025-10$275,0001,85673.0%

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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 →