The Fair Share Report

527 Central Ave

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

≈ $510,508

Likely range $345,803 – $592,943, 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 $510,508 home should be assessed near $353,578.

Step 3 · Assessed value

$444,000

Set at the last town-wide revaluation and mostly frozen since. That's $90,422 above what the ratio math suggests (25.6%).

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

$12,507/yr
Public schools$6,442
Atlantic County$2,531
Town of Hammonton$3,534
Hammonton average$6,353

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

Town median 65.1%
This home · 87.0%

45%134%

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)

AddressSoldPriceSq ftRatio
600 BELLEVUE AVE2025-05$491,0003,11560.6%
600 BELLEVUE AVE2025-05$370,0003,11580.5%
6 MILL RUN DR2025-01$600,0002,98070.9%
60 BROADWAY2025-02$440,0002,30662.8%
729 PLEASANT MILLS RD2026-05$189,0004,136113.6%
850 CENTRAL AVE2025-09$399,0002,64074.4%
141 S GRAND ST2025-10$400,0002,29250.6%
211 S WASHINGTON ST2026-03$567,8252,32363.4%
406 N 3RD ST2026-01$350,0002,75851.7%
721 CENTRAL AVE2026-04$431,0002,09246.6%
922 CENTRAL AVE2025-10$689,9003,92472.9%
744 4TH ST2025-02$320,0002,140124.8%

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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 →