The Fair Share Report
1207 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.
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Step 1 · Market value
Likely range $464,685 – $593,720, 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 $524,087 home should be assessed near $548,405.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $166,005 below what the ratio math suggests (30.3%).
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
59%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 19 E ALBERTSON AVE | 2025-03 | $375,000 | 1,660 | 107.0% |
| 7 COOPER ST | 2025-11 | $450,000 | 1,468 | 100.9% |
| 11 W PARK BLVD | 2025-08 | $485,000 | 1,488 | 97.0% |
| 21 STRATFORD AVE | 2025-05 | $526,000 | 1,536 | 76.6% |
| 1037 BELMONT AVE | 2025-11 | $605,500 | 1,400 | 74.0% |
| 1214 NEWTON AVE | 2025-04 | $425,000 | 1,504 | 83.2% |
| 283 NEW JERSEY AVE | 2026-04 | $590,000 | 1,553 | 78.5% |
| 123 MELROSE AVE | 2025-04 | $600,000 | 1,615 | 85.5% |
| 214 EMERALD AVE | 2025-07 | $540,000 | 1,622 | 84.2% |
| 1104 ELM AVE | 2025-09 | $399,000 | 1,796 | 96.5% |
| 408 STRATFORD AVE | 2025-08 | $565,000 | 1,668 | 85.2% |
| 1101 BELMONT AVE | 2025-09 | $610,000 | 1,756 | 87.2% |
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