The Fair Share Report
97 Centennial Dr
Hammonton, NJ 08037
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
This home's payments are about right
It sits inside Hammonton's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $340,334 – $473,106, 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 $444,571 home should be assessed near $307,910.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $28,010 below what the ratio math suggests (9.1%).
Step 4 · The tax rate — same for every Hammonton home
$1.451 Schools · 52% $0.570 County · 20% $0.796 Town · 28%
This home's own bill implies $2.728 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Hammonton sale · assessed ÷ market
45%108%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 31 LEAH COURT | 2025-08 | $427,000 | 2,368 | 61.9% |
| 35 LAHN LANE | 2025-02 | $410,000 | 2,419 | 65.9% |
| 38 CENTENNIAL DR | 2026-04 | $430,000 | 1,975 | 61.6% |
| 173 LAKESHORE DR | 2025-08 | $590,000 | 2,240 | 61.5% |
| 60 CENTENNIAL DR | 2025-09 | $389,000 | 1,876 | 59.4% |
| 744 4TH ST | 2025-02 | $320,000 | 2,140 | 124.8% |
| 93 JAMESTOWN BLVD | 2026-01 | $208,000 | 1,626 | 82.2% |
| 211 S WASHINGTON ST | 2026-03 | $567,825 | 2,323 | 63.4% |
| 15 JERRY LANE | 2025-10 | $365,000 | 1,752 | 55.2% |
| 667 GRAPE ST | 2026-03 | $200,000 | 2,084 | 92.9% |
| 141 S GRAND ST | 2025-10 | $400,000 | 2,292 | 50.6% |
| 119 BASIN RD | 2026-04 | $595,000 | 2,218 | 64.4% |
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