The Fair Share Report
338 E Pleasant 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $273,659 – $394,495, from 12 comparable Hammonton sales in the past 18 months, at this home's 1,836 sq ft.
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 $348,104 home should be assessed near $241,097.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $84,197 below what the ratio math suggests (34.9%).
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
34%108%
Keep quiet and enjoy it
This home's assessment ratio sits below the Hammonton pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 608 GRAPE ST | 2025-09 | $265,000 | 1,723 | 65.2% |
| 201 GRAPE ST | 2025-11 | $350,000 | 1,846 | 52.4% |
| 208 PEACH ST | 2024-12 | $215,000 | 2,404 | 76.5% |
| 419 N 2ND ST | 2025-03 | $390,000 | 1,358 | 60.5% |
| 327 E PLEASANT ST | 2026-02 | $275,000 | 1,845 | 67.3% |
| 232 GRAPE ST | 2025-04 | $370,000 | 1,722 | 58.8% |
| 215 JACOBS ST | 2026-04 | $257,500 | 1,713 | 71.3% |
| 215 JACOBS ST | 2025-01 | $235,000 | 1,713 | 78.2% |
| 38 PRESSEY ST | 2025-01 | $288,000 | 1,442 | 96.0% |
| 15 JERRY LANE | 2025-10 | $365,000 | 1,752 | 55.2% |
| 60 CENTENNIAL DR | 2025-09 | $389,000 | 1,876 | 59.4% |
| 135 MAPLE ST | 2026-06 | $100,000 | 1,444 | 137.0% |
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