The Fair Share Report

23 Cara Ln

Hammonton, NJ 08037

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

Step 1 · Market value

≈ $564,631

Likely range $432,244 – $760,554, from 12 comparable Hammonton sales in the past 18 months (home size estimated from assessor data — range widened).

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 $564,631 home should be assessed near $391,063.

Step 3 · Assessed value

$381,500

Set at the last town-wide revaluation and mostly frozen since. That's $9,563 below what the ratio math suggests (2.4%).

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

$10,747/yr
Public schools$5,536
Atlantic County$2,175
Town of Hammonton$3,037
Hammonton average$6,353

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

Town median 65.1%
This home · 67.6%

45%108%

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

AddressSoldPriceSq ftRatio
93 W 15TH ST2025-02$699,9002,54667.6%
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%
119 BASIN RD2026-04$595,0002,21864.4%
6 MILL RUN DR2025-01$600,0002,98070.9%
38 CENTENNIAL DR2026-04$430,0001,97561.6%
406 N 3RD ST2026-01$350,0002,75851.7%
173 LAKESHORE DR2025-08$590,0002,24061.5%
850 CENTRAL AVE2025-09$399,0002,64074.4%
60 CENTENNIAL DR2025-09$389,0001,87659.4%
14 WATERFRONT WAY2025-08$1,080,0004,01565.4%

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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 →