The Fair Share Report

720 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

≈ $276,792

Likely range $230,442 – $328,708, from 12 comparable Hammonton sales in the past 18 months, at this home's 1,533 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 $276,792 home should be assessed near $191,706.

Step 3 · Assessed value

$356,800

Set at the last town-wide revaluation and mostly frozen since. That's $165,094 above what the ratio math suggests (86.1%).

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

$10,051/yr
Public schools$5,177
Atlantic County$2,034
Town of Hammonton$2,840
Hammonton average$6,353

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

Town median 65.1%
This home · 128.9%

45%160%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (79.65%) — roughly $4,651/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
517 N 3RD ST2026-02$120,0001,530129.1%
644 N EGG HARBOR RD2025-01$265,0001,664102.8%
212 W PLEASANT ST2025-07$339,0001,58149.1%
621 GRAPE ST2026-01$220,0001,33872.5%
83 LAKESHORE DR2026-01$380,0001,49641.1%
232 GRAPE ST2025-04$370,0001,72258.8%
450 S 1ST RD2026-05$355,0001,73060.2%
9 PINE RD2025-08$260,0001,44066.3%
413 PRATT ST2025-06$175,0001,292166.6%
38 PRESSEY ST2025-01$288,0001,44296.0%
215 JACOBS ST2026-04$257,5001,71371.3%
215 JACOBS ST2025-01$235,0001,71378.2%

Is this your house?

Run your own report →

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 →