The Fair Share Report

744 4th 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

≈ $408,326

Likely range $321,991 – $521,951, from 12 comparable Hammonton sales in the past 18 months, at this home's 2,140 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 $408,326 home should be assessed near $282,807.

Step 3 · Assessed value

$399,300

Set at the last town-wide revaluation and mostly frozen since. That's $116,493 above what the ratio math suggests (41.2%).

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

$11,248/yr
Public schools$5,794
Atlantic County$2,276
Town of Hammonton$3,178
Hammonton average$6,353

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

Town median 65.1%
This home · 97.8%

45%129%

A touch high — worth watching

This home's ratio sits above most of Hammonton, but doesn't clear NJ's legal appeal line (79.65%).

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

AddressSoldPriceSq ftRatio
771 11TH ST/771A APT2025-10$300,0002,18482.2%
173 LAKESHORE DR2025-08$590,0002,24061.5%
60 BROADWAY2025-02$440,0002,30662.8%
421 W PLEASANT ST2025-12$260,0001,72860.4%
421 W PLEASANT ST2025-12$150,0001,728104.7%
667 GRAPE ST2026-03$200,0002,08492.9%
119 BASIN RD2026-04$595,0002,21864.4%
141 S GRAND ST2025-10$400,0002,29250.6%
38 CENTENNIAL DR2026-04$430,0001,97561.6%
601 JACOBS ST AT MONROE2025-10$385,0001,80056.5%
850 CENTRAL AVE2025-09$399,0002,64074.4%
320 S 3RD ST2025-01$520,0002,13251.6%

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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 →