The Fair Share Report

1108 Eldridge Ave

Haddon, NJ 08107

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

≈ $581,259

Likely range $484,907 – $637,523, from 12 comparable Haddon sales in the past 18 months, at this home's 1,716 sq ft.

Step 2 · The Director's Ratio

104.64%

The state's official measure of how far Haddon assessments sit below market value — republished every October, applied town-wide. A $581,259 home should be assessed near $608,229.

Step 3 · Assessed value

$360,500

Set at the last town-wide revaluation and mostly frozen since. That's $247,729 below what the ratio math suggests (40.7%).

Step 4 · The tax rate — same for every Haddon home

$2.179 per $100 assessed

$1.188 Schools · 55% $0.544 County · 25% $0.447 Town · 21%

This home's own bill implies $2.110 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$7,605/yr
Public schools$4,146
Camden County$1,899
Town of Haddon$1,560
Haddon average$9,933

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

Town median 89.7%
This home · 62.0%

51%116%

Keep quiet and enjoy it

This home's assessment ratio sits below the Haddon pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

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

AddressSoldPriceSq ftRatio
212 EMERALD AVE2025-04$500,0001,708103.1%
237 VIRGINIA AVE2026-05$473,5001,72684.7%
90 EMERALD AVE2025-11$670,0001,78683.0%
214 EMERALD AVE2025-07$540,0001,62284.2%
123 MELROSE AVE2025-04$600,0001,61585.5%
213 MORGAN AVE2025-07$711,0001,74873.2%
1101 BELMONT AVE2025-09$610,0001,75687.2%
203 HARDING AVE2025-07$510,0001,65292.7%
58 E GREENWOOD AVE2025-10$315,0001,701122.3%
223 GUILFORD AVE2025-12$430,5001,636110.5%
120 MELROSE AVE2025-07$559,0001,64787.4%
408 STRATFORD AVE2025-08$565,0001,66885.2%

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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 →