The Fair Share Report
116 Elgin Ave
Haddon, NJ 08108
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 $277,547 – $481,831, from 12 comparable Haddon 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 Haddon assessments sit below market value — republished every October, applied town-wide. A $369,430 home should be assessed near $386,572.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $24,372 below what the ratio math suggests (6.3%).
Step 4 · The tax rate — same for every Haddon home
$1.188 Schools · 55% $0.544 County · 25% $0.447 Town · 21%
Step 5 · The bill
This home vs. every recent Haddon sale · assessed ÷ market
70%136%
Paying about right
This home's ratio lands inside Haddon'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 |
|---|---|---|---|---|
| 605 ONEIDA AVE | 2025-10 | $475,000 | 1,263 | 82.8% |
| 1214 GRANT AVE | 2026-05 | $403,000 | 1,274 | 78.5% |
| 17 LINDIS FARNE AVE | 2025-06 | $392,000 | 1,320 | 88.0% |
| 1312 WALNUT AVE | 2025-11 | $305,000 | 1,313 | 103.4% |
| 219 HARDING AVE | 2026-02 | $402,000 | 1,360 | 107.5% |
| 105 COOPER ST | 2026-03 | $500,000 | 1,291 | 95.1% |
| 1013 MERRICK AVE | 2026-05 | $590,000 | 1,262 | 76.0% |
| 120 E CLINTON AVE | 2025-03 | $250,000 | 1,261 | 132.5% |
| 25 GOLDEN AVE | 2025-10 | $230,000 | 1,125 | 106.7% |
| 1210 NEWTON AVE | 2026-02 | $375,000 | 1,413 | 78.3% |
| 201 MORGAN AVE | 2025-04 | $639,000 | 1,456 | 72.0% |
| 200 GUILFORD AVE | 2026-03 | $495,500 | 1,456 | 92.9% |
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