The Fair Share Report

730 8th 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

≈ $313,960

Likely range $243,660 – $328,065, from 12 comparable Hammonton sales in the past 18 months, at this home's 1,530 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 $313,960 home should be assessed near $217,449.

Step 3 · Assessed value

$322,900

Set at the last town-wide revaluation and mostly frozen since. That's $105,451 above what the ratio math suggests (48.5%).

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

$9,096/yr
Public schools$4,685
Atlantic County$1,841
Town of Hammonton$2,570
Hammonton average$6,353

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

Town median 65.1%
This home · 102.8%

45%138%

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 $2,971/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
9 PINE RD2025-08$260,0001,44066.3%
517 N 3RD ST2026-02$120,0001,530129.1%
66 HARBOR DR2025-01$342,0001,63051.2%
644 N EGG HARBOR RD2025-01$265,0001,664102.8%
93 JAMESTOWN BLVD2026-01$208,0001,62682.2%
83 LAKESHORE DR2026-01$380,0001,49641.1%
450 S 1ST RD2026-05$355,0001,73060.2%
744 4TH ST2025-02$320,0002,140124.8%
212 W PLEASANT ST2025-07$339,0001,58149.1%
640 BELLEVUE AVE2026-03$330,0001,43355.6%
221 N UNION RD2026-05$285,0001,10253.6%
601 JACOBS ST AT MONROE2025-10$385,0001,80056.5%

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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 →