The Fair Share Report

607 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

≈ $733,502

Likely range $678,371 – $1,228,712, 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 $733,502 home should be assessed near $508,023.

Step 3 · Assessed value

$646,400

Set at the last town-wide revaluation and mostly frozen since. That's $138,377 above what the ratio math suggests (27.2%).

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

$18,209/yr
Public schools$9,379
Atlantic County$3,684
Town of Hammonton$5,145
Hammonton average$6,353

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

Town median 65.1%
This home · 88.1%

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
14 WATERFRONT WAY2025-08$1,080,0004,01565.4%
922 CENTRAL AVE2025-10$689,9003,92472.9%
426 BELLA VITA COURT2026-01$700,0004,22972.7%
93 W 15TH ST2025-02$699,9002,54667.6%
729 PLEASANT MILLS RD2026-05$189,0004,136113.6%
35 LAHN LANE2025-02$410,0002,41965.9%
6 MILL RUN DR2025-01$600,0002,98070.9%
850 CENTRAL AVE2025-09$399,0002,64074.4%
31 LEAH COURT2025-08$427,0002,36861.9%
119 BASIN RD2026-04$595,0002,21864.4%
275 N WHITE HORSE PK2025-01$300,0002,45180.0%
211 S WASHINGTON ST2026-03$567,8252,32363.4%

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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 →