The Fair Share Report
121 E Ormond 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $281,854 – $423,447, 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 $331,915 home should be assessed near $347,316.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $47,316 below what the ratio math suggests (13.6%).
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
65%116%
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 |
|---|---|---|---|---|
| 25 ELM AVE | 2025-06 | $590,000 | 1,273 | 69.7% |
| 119 FRENCH AVE | 2026-04 | $401,500 | 1,216 | 74.0% |
| 50 E COLLINGSWOOD AVE | 2025-12 | $410,000 | 1,271 | 84.2% |
| 124 E ORMOND AVE | 2025-09 | $335,000 | 1,271 | 93.0% |
| 120 E ORMOND AVE | 2026-05 | $410,000 | 1,222 | 84.2% |
| 122 E PARK AVE | 2025-09 | $280,000 | 1,213 | 113.3% |
| 137 E ORMOND AVE | 2026-01 | $430,000 | 1,375 | 83.6% |
| 120 E CLINTON AVE | 2025-03 | $250,000 | 1,261 | 132.5% |
| 225 ADDISON AVE | 2025-05 | $396,000 | 1,305 | 84.5% |
| 117 E HOLLY AVE | 2026-02 | $311,000 | 1,273 | 113.5% |
| 23 CENTER ST | 2025-04 | $350,000 | 1,316 | 108.0% |
| 27 LINCOLN AVE | 2026-05 | $191,000 | 1,372 | 149.6% |
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