The Fair Share Report
402 Walnut 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 $200,071 – $317,545, 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 $257,898 home should be assessed near $178,620.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $1,580 above what the ratio math suggests (0.9%).
Step 4 · The tax rate — same for every Hammonton home
$1.451 Schools · 52% $0.570 County · 20% $0.796 Town · 28%
This home's own bill implies $2.540 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
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 |
|---|---|---|---|---|
| 31 WOODMAN AVE | 2026-06 | $210,000 | 1,214 | 62.7% |
| 608 GRAPE ST | 2025-09 | $265,000 | 1,723 | 65.2% |
| 517 N 3RD ST | 2026-02 | $120,000 | 1,530 | 129.1% |
| 128 JAMESTOWN BLVD | 2025-07 | $256,000 | 1,318 | 55.3% |
| 73 JAMESTOWN BLVD | 2025-10 | $285,000 | 1,296 | 48.9% |
| 152 YORKTOWN BLVD | 2025-10 | $241,500 | 1,296 | 57.7% |
| 419 N 2ND ST | 2025-03 | $390,000 | 1,358 | 60.5% |
| 644 N EGG HARBOR RD | 2025-01 | $265,000 | 1,664 | 102.8% |
| 38 PRESSEY ST | 2025-01 | $288,000 | 1,442 | 96.0% |
| 30 PRESSEY ST | 2025-01 | $330,125 | 1,328 | 52.1% |
| 93 JAMESTOWN BLVD | 2026-01 | $208,000 | 1,626 | 82.2% |
| 66 HARBOR DR | 2025-01 | $342,000 | 1,630 | 51.2% |
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