The Fair Share Report
225 Nicholson Rd
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $243,671 – $489,614, 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 $281,439 home should be assessed near $294,498.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $45,898 below what the ratio math suggests (15.6%).
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
45%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 |
|---|---|---|---|---|
| 1108 MT VERNON AVE | 2025-07 | $475,000 | 1,180 | 92.6% |
| 225 BUCKNER AVE | 2025-08 | $450,000 | 1,214 | 84.5% |
| 309 DELAWARE AVE | 2025-07 | $300,000 | 1,264 | 78.7% |
| 24 CAMBRIDGE AVE | 2026-04 | $660,000 | 1,300 | 73.1% |
| 117 E HOLLY AVE | 2026-02 | $311,000 | 1,273 | 113.5% |
| 110 WESTMONT AVE | 2026-02 | $545,000 | 1,318 | 75.5% |
| 122 E PARK AVE | 2025-09 | $280,000 | 1,213 | 113.3% |
| 327 STRATFORD AVE | 2025-02 | $385,000 | 1,119 | 92.5% |
| 209 NICHOLSON RD | 2025-10 | $282,000 | 1,308 | 89.7% |
| 120 E CLINTON AVE | 2025-03 | $250,000 | 1,261 | 132.5% |
| 25 GOLDEN AVE | 2025-10 | $230,000 | 1,125 | 106.7% |
| 1013 MERRICK AVE | 2026-05 | $590,000 | 1,262 | 76.0% |
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