The Fair Share Report

585 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

≈ $400,885

Likely range $315,768 – $463,153, 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 $400,885 home should be assessed near $277,653.

Step 3 · Assessed value

$272,300

Set at the last town-wide revaluation and mostly frozen since. That's $5,353 below what the ratio math suggests (1.9%).

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

$7,671/yr
Public schools$3,951
Atlantic County$1,552
Town of Hammonton$2,168
Hammonton average$6,353

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

Town median 65.1%
This home · 67.9%

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)

AddressSoldPriceSq ftRatio
60 BROADWAY2025-02$440,0002,30662.8%
744 4TH ST2025-02$320,0002,140124.8%
667 GRAPE ST2026-03$200,0002,08492.9%
450 S 1ST RD2026-05$355,0001,73060.2%
601 JACOBS ST AT MONROE2025-10$385,0001,80056.5%
173 LAKESHORE DR2025-08$590,0002,24061.5%
141 S GRAND ST2025-10$400,0002,29250.6%
320 S 3RD ST2025-01$520,0002,13251.6%
644 N EGG HARBOR RD2025-01$265,0001,664102.8%
9 PINE RD2025-08$260,0001,44066.3%
721 CENTRAL AVE2026-04$431,0002,09246.6%
212 W PLEASANT ST2025-07$339,0001,58149.1%

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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 →