The Fair Share Report
302 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $346,904 – $647,157, from 12 comparable Hammonton 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 Hammonton assessments sit below market value — republished every October, applied town-wide. A $444,311 home should be assessed near $307,730.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $45,070 above what the ratio math suggests (14.6%).
Step 4 · The tax rate — same for every Hammonton home
$1.451 Schools · 52% $0.570 County · 20% $0.796 Town · 28%
Step 5 · The bill
This home vs. every recent Hammonton sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 173 LAKESHORE DR | 2025-08 | $590,000 | 2,240 | 61.5% |
| 31 LEAH COURT | 2025-08 | $427,000 | 2,368 | 61.9% |
| 35 LAHN LANE | 2025-02 | $410,000 | 2,419 | 65.9% |
| 744 4TH ST | 2025-02 | $320,000 | 2,140 | 124.8% |
| 6 MILL RUN DR | 2025-01 | $600,000 | 2,980 | 70.9% |
| 60 BROADWAY | 2025-02 | $440,000 | 2,306 | 62.8% |
| 771 11TH ST/771A APT | 2025-10 | $300,000 | 2,184 | 82.2% |
| 66 HARBOR DR | 2025-01 | $342,000 | 1,630 | 51.2% |
| 93 W 15TH ST | 2025-02 | $699,900 | 2,546 | 67.6% |
| 850 CENTRAL AVE | 2025-09 | $399,000 | 2,640 | 74.4% |
| 93 JAMESTOWN BLVD | 2026-01 | $208,000 | 1,626 | 82.2% |
| 119 BASIN RD | 2026-04 | $595,000 | 2,218 | 64.4% |
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