The Fair Share Report

247 Memorial Ave

Haddon, NJ 08033

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

≈ $375,682

Likely range $341,045 – $408,484, from 12 comparable Haddon sales in the past 18 months, at this home's 1,102 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 $375,682 home should be assessed near $393,114.

Step 3 · Assessed value

$505,300

Set at the last town-wide revaluation and mostly frozen since. That's $112,186 above what the ratio math suggests (28.5%).

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

$11,592/yr
Public schools$6,320
Camden County$2,894
Town of Haddon$2,378
Haddon average$9,933

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

Town median 89.7%
This home · 134.5%

70%154%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $2,445/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
209 BRADLEY AVE2026-03$480,0001,10284.3%
327 STRATFORD AVE2025-02$385,0001,11992.5%
225 BUCKNER AVE2025-08$450,0001,21484.5%
1120 BELMONT AVE2025-07$326,5001,055100.5%
248 BUCKNER AVE2025-11$420,0001,23291.4%
1108 MT VERNON AVE2025-07$475,0001,18092.6%
201 LEES LN2025-06$565,0001,32084.4%
82 VIRGINIA AVE2026-05$430,0001,296105.2%
265 W CRYSTAL LAKE AVE2025-10$485,0001,34285.8%
201 W CUTHBERT BLVD #D512025-11$222,0001,00885.0%
201 W CUTHBERT BLVD #D112025-06$235,0001,00880.3%
1100 LINWOOD AVE2025-05$460,0001,40494.1%

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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 →