The Fair Share Report

301 4th St

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

≈ $396,059

Likely range $293,215 – $467,820, 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 $396,059 home should be assessed near $274,310.

Step 3 · Assessed value

$273,600

Set at the last town-wide revaluation and mostly frozen since. That's $710 below what the ratio math suggests (0.3%).

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

$7,707/yr
Public schools$3,970
Atlantic County$1,560
Town of Hammonton$2,178
Hammonton average$6,353

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

Town median 65.1%
This home · 69.1%

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
667 GRAPE ST2026-03$200,0002,08492.9%
60 BROADWAY2025-02$440,0002,30662.8%
771 11TH ST/771A APT2025-10$300,0002,18482.2%
141 S GRAND ST2025-10$400,0002,29250.6%
601 JACOBS ST AT MONROE2025-10$385,0001,80056.5%
744 4TH ST2025-02$320,0002,140124.8%
450 S 1ST RD2026-05$355,0001,73060.2%
644 N EGG HARBOR RD2025-01$265,0001,664102.8%
850 CENTRAL AVE2025-09$399,0002,64074.4%
721 CENTRAL AVE2026-04$431,0002,09246.6%
173 LAKESHORE DR2025-08$590,0002,24061.5%
212 W PLEASANT ST2025-07$339,0001,58149.1%

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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 →