The Fair Share Report

124 E Ormond 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.

Step 1 · Market value

≈ $397,476

Likely range $293,388 – $435,822, from 12 comparable Haddon sales in the past 18 months, at this home's 1,271 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 $397,476 home should be assessed near $415,919.

Step 3 · Assessed value

$311,400

Set at the last town-wide revaluation and mostly frozen since. That's $104,519 below what the ratio math suggests (25.1%).

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%

Step 5 · The bill

$6,845/yr
Public schools$3,732
Camden County$1,709
Town of Haddon$1,404
Haddon average$9,933

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

Town median 89.7%
This home · 78.3%

66%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)

AddressSoldPriceSq ftRatio
50 E COLLINGSWOOD AVE2025-12$410,0001,27184.2%
120 E ORMOND AVE2026-05$410,0001,22284.2%
25 ELM AVE2025-06$590,0001,27369.7%
122 E PARK AVE2025-09$280,0001,213113.3%
120 E CLINTON AVE2025-03$250,0001,261132.5%
139 E ORMOND AVE2025-06$263,5001,365118.1%
119 FRENCH AVE2026-04$401,5001,21674.0%
117 E HOLLY AVE2026-02$311,0001,273113.5%
23 CENTER ST2025-04$350,0001,316108.0%
53 E COLLINGSWOOD AVE2026-04$605,0001,43472.1%
111 E OAKLAND AVE2026-04$490,0001,42975.3%
605 ONEIDA AVE2025-10$475,0001,26382.8%

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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 →