The Fair Share Report
505 Middle 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 $284,585 – $404,279, 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 $345,583 home should be assessed near $239,351.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $64,449 above what the ratio math suggests (26.9%).
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
45%112%
A touch high — worth watching
This home's ratio sits above most of Hammonton, but doesn't clear NJ's legal appeal line (79.65%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 60 BROADWAY | 2025-02 | $440,000 | 2,306 | 62.8% |
| 744 4TH ST | 2025-02 | $320,000 | 2,140 | 124.8% |
| 608 GRAPE ST | 2025-09 | $265,000 | 1,723 | 65.2% |
| 173 LAKESHORE DR | 2025-08 | $590,000 | 2,240 | 61.5% |
| 771 11TH ST/771A APT | 2025-10 | $300,000 | 2,184 | 82.2% |
| 31 LEAH COURT | 2025-08 | $427,000 | 2,368 | 61.9% |
| 35 LAHN LANE | 2025-02 | $410,000 | 2,419 | 65.9% |
| 721 CENTRAL AVE | 2026-04 | $431,000 | 2,092 | 46.6% |
| 644 N EGG HARBOR RD | 2025-01 | $265,000 | 1,664 | 102.8% |
| 901 12TH ST | 2025-10 | $275,000 | 1,856 | 73.0% |
| 208 PEACH ST | 2024-12 | $215,000 | 2,404 | 76.5% |
| 517 N 3RD ST | 2026-02 | $120,000 | 1,530 | 129.1% |
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