The Fair Share Report

557 Grape 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

≈ $427,004

Likely range $321,775 – $488,489, from 12 comparable Hammonton sales in the past 18 months, at this home's 2,709 sq ft.

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 $427,004 home should be assessed near $295,743.

Step 3 · Assessed value

$236,300

Set at the last town-wide revaluation and mostly frozen since. That's $59,443 below what the ratio math suggests (20.1%).

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

$6,657/yr
Public schools$3,429
Atlantic County$1,347
Town of Hammonton$1,881
Hammonton average$6,353

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

Town median 65.1%
This home · 55.3%

43%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
406 N 3RD ST2026-01$350,0002,75851.7%
208 PEACH ST2024-12$215,0002,40476.5%
600 BELLEVUE AVE2025-05$491,0003,11560.6%
600 BELLEVUE AVE2025-05$370,0003,11580.5%
60 BROADWAY2025-02$440,0002,30662.8%
141 S GRAND ST2025-10$400,0002,29250.6%
667 GRAPE ST2026-03$200,0002,08492.9%
6 MILL RUN DR2025-01$600,0002,98070.9%
35 LAHN LANE2025-02$410,0002,41965.9%
31 LEAH COURT2025-08$427,0002,36861.9%
338 E PLEASANT ST2025-04$317,0001,83649.5%
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 →