The Fair Share Report
862 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $341,955 – $648,349, from 12 comparable Hammonton sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Hammonton assessments sit below market value — republished every October, applied town-wide. A $526,353 home should be assessed near $364,552.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $82,548 above what the ratio math suggests (22.6%).
Step 4 · The tax rate — same for every Hammonton home
$1.451 Schools · 52% $0.570 County · 20% $0.796 Town · 28%
Step 5 · The bill
This home vs. every recent Hammonton sale · assessed ÷ market
45%136%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 6 MILL RUN DR | 2025-01 | $600,000 | 2,980 | 70.9% |
| 600 BELLEVUE AVE | 2025-05 | $491,000 | 3,115 | 60.6% |
| 600 BELLEVUE AVE | 2025-05 | $370,000 | 3,115 | 80.5% |
| 60 BROADWAY | 2025-02 | $440,000 | 2,306 | 62.8% |
| 850 CENTRAL AVE | 2025-09 | $399,000 | 2,640 | 74.4% |
| 729 PLEASANT MILLS RD | 2026-05 | $189,000 | 4,136 | 113.6% |
| 275 N WHITE HORSE PK | 2025-01 | $300,000 | 2,451 | 80.0% |
| 721 CENTRAL AVE | 2026-04 | $431,000 | 2,092 | 46.6% |
| 93 W 15TH ST | 2025-02 | $699,900 | 2,546 | 67.6% |
| 141 S GRAND ST | 2025-10 | $400,000 | 2,292 | 50.6% |
| 406 N 3RD ST | 2026-01 | $350,000 | 2,758 | 51.7% |
| 119 BASIN RD | 2026-04 | $595,000 | 2,218 | 64.4% |
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