The Fair Share Report
20 Berwick Ave
Haddon, NJ 08059
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 $322,022 – $451,638, 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 $367,970 home should be assessed near $385,044.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $163,844 below what the ratio math suggests (42.6%).
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
44%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 |
|---|---|---|---|---|
| 212 E LINDEN AVE | 2025-10 | $452,000 | 1,008 | 83.6% |
| 1120 BELMONT AVE | 2025-07 | $326,500 | 1,055 | 100.5% |
| 8 LINDIS FARNE AVE | 2025-03 | $367,000 | 984 | 97.1% |
| 327 STRATFORD AVE | 2025-02 | $385,000 | 1,119 | 92.5% |
| 1108 MT VERNON AVE | 2025-07 | $475,000 | 1,180 | 92.6% |
| 224 MORGAN AVE | 2025-01 | $485,000 | 1,040 | 81.6% |
| 209 BRADLEY AVE | 2026-03 | $480,000 | 1,102 | 84.3% |
| 201 W CUTHBERT BLVD #D51 | 2025-11 | $222,000 | 1,008 | 85.0% |
| 201 W CUTHBERT BLVD #D11 | 2025-06 | $235,000 | 1,008 | 80.3% |
| 7 E ALBERTSON AVE | 2025-05 | $355,000 | 988 | 87.8% |
| 128 MARSHALL AVE | 2025-04 | $313,500 | 944 | 86.2% |
| 103 ELGIN AVE | 2025-11 | $340,000 | 936 | 92.8% |
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