The Fair Share Report

740 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

≈ $569,291

Likely range $484,187 – $667,102, from 12 comparable Hammonton sales in the past 18 months, at this home's 3,238 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 $569,291 home should be assessed near $394,291.

Step 3 · Assessed value

$300,400

Set at the last town-wide revaluation and mostly frozen since. That's $93,891 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%

Step 5 · The bill

$8,462/yr
Public schools$4,359
Atlantic County$1,712
Town of Hammonton$2,391
Hammonton average$6,353

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

Town median 65.1%
This home · 52.8%

40%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
6 MILL RUN DR2025-01$600,0002,98070.9%
60 BROADWAY2025-02$440,0002,30662.8%
600 BELLEVUE AVE2025-05$491,0003,11560.6%
600 BELLEVUE AVE2025-05$370,0003,11580.5%
850 CENTRAL AVE2025-09$399,0002,64074.4%
729 PLEASANT MILLS RD2026-05$189,0004,136113.6%
14 WATERFRONT WAY2025-08$1,080,0004,01565.4%
922 CENTRAL AVE2025-10$689,9003,92472.9%
744 4TH ST2025-02$320,0002,140124.8%
173 LAKESHORE DR2025-08$590,0002,24061.5%
211 S WASHINGTON ST2026-03$567,8252,32363.4%
275 N WHITE HORSE PK2025-01$300,0002,45180.0%

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 →