The Fair Share Report

357 N 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

≈ $301,288

Likely range $251,241 – $374,206, 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 $301,288 home should be assessed near $208,672.

Step 3 · Assessed value

$207,700

Set at the last town-wide revaluation and mostly frozen since. That's $972 below what the ratio math suggests (0.5%).

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

$5,851/yr
Public schools$3,014
Atlantic County$1,184
Town of Hammonton$1,653
Hammonton average$6,353

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

Town median 65.1%
This home · 68.9%

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
338 E PLEASANT ST2025-04$317,0001,83649.5%
608 GRAPE ST2025-09$265,0001,72365.2%
215 JACOBS ST2026-04$257,5001,71371.3%
215 JACOBS ST2025-01$235,0001,71378.2%
901 12TH ST2025-10$275,0001,85673.0%
232 GRAPE ST2025-04$370,0001,72258.8%
721 CENTRAL AVE2026-04$431,0002,09246.6%
327 E PLEASANT ST2026-02$275,0001,84567.3%
201 GRAPE ST2025-11$350,0001,84652.4%
9 N 3RD ST2025-02$300,0001,85767.5%
38 PRESSEY ST2025-01$288,0001,44296.0%
419 N 2ND ST2025-03$390,0001,35860.5%

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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 →