The Fair Share Report

602 Central Ave

Hammonton, NJ 08037

The town catches up with market prices only once a year — and only based on the average change of all homes in the area. This report checks whether this house's assessment kept pace.

This home's payments are about right

It sits inside Hammonton's normal range — market price changes haven't singled it out. No case for a tax appeal.

Step 1 · Market value

≈ $285,135

Likely range $199,971 – $333,528, 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 $285,135 home should be assessed near $197,485.

Step 3 · Assessed value

$150,500

Set at the last town-wide revaluation and mostly frozen since. That's $46,985 below what the ratio math suggests (23.8%).

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%

This home's own bill implies $2.651 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$3,990/yr
Public schools$2,055
Atlantic County$807
Town of Hammonton$1,127
Hammonton average$6,353

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

Town median 65.1%
This home · 52.8%

40%108%

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
100 N 1ST RD2025-12$360,0001,45662.9%
9 PINE RD2025-08$260,0001,44066.3%
640 BELLEVUE AVE2026-03$330,0001,43355.6%
135 MAPLE ST2026-06$100,0001,444137.0%
608 GRAPE ST2025-09$265,0001,72365.2%
517 N 3RD ST2026-02$120,0001,530129.1%
450 S 1ST RD2026-05$355,0001,73060.2%
327 E PLEASANT ST2026-02$275,0001,84567.3%
83 LAKESHORE DR2026-01$380,0001,49641.1%
93 JAMESTOWN BLVD2026-01$208,0001,62682.2%
66 HARBOR DR2025-01$342,0001,63051.2%
128 JAMESTOWN BLVD2025-07$256,0001,31855.3%

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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 →