The Fair Share Report

576 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.

Step 1 · Market value

≈ $490,564

Likely range $420,199 – $730,183, 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 $490,564 home should be assessed near $339,765.

Step 3 · Assessed value

$360,000

Set at the last town-wide revaluation and mostly frozen since. That's $20,235 above what the ratio math suggests (6.0%).

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

$10,141/yr
Public schools$5,224
Atlantic County$2,052
Town of Hammonton$2,866
Hammonton average$6,353

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

Town median 65.1%
This home · 73.4%

44%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
35 LAHN LANE2025-02$410,0002,41965.9%
93 W 15TH ST2025-02$699,9002,54667.6%
31 LEAH COURT2025-08$427,0002,36861.9%
119 BASIN RD2026-04$595,0002,21864.4%
211 S WASHINGTON ST2026-03$567,8252,32363.4%
275 N WHITE HORSE PK2025-01$300,0002,45180.0%
173 LAKESHORE DR2025-08$590,0002,24061.5%
60 BROADWAY2025-02$440,0002,30662.8%
104 MIDDLE RD2025-09$385,0002,05477.2%
850 CENTRAL AVE2025-09$399,0002,64074.4%
6 MILL RUN DR2025-01$600,0002,98070.9%
721 CENTRAL AVE2026-04$431,0002,09246.6%

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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 →