The Fair Share Report
255 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.
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Step 1 · Market value
Likely range $482,927 – $561,643, 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 $517,490 home should be assessed near $541,502.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $85,102 below what the ratio math suggests (15.7%).
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
70%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 |
|---|---|---|---|---|
| 130 E CEDAR AVE | 2026-01 | $505,000 | 1,496 | 91.5% |
| 1120 STOKES AVE | 2025-08 | $453,000 | 1,482 | 110.8% |
| 413 GLENWOOD AVE | 2025-06 | $485,000 | 1,526 | 88.2% |
| 222 BRADLEY AVE | 2026-05 | $505,000 | 1,392 | 75.7% |
| 9 HAMPTON RD | 2026-03 | $635,000 | 1,550 | 74.1% |
| 507 AVONDALE AVE | 2025-01 | $569,000 | 1,634 | 99.6% |
| 631 MT VERNON AVE | 2025-05 | $768,000 | 1,575 | 81.9% |
| 400 GRAISBURY AVE | 2025-01 | $550,000 | 1,654 | 83.8% |
| 300 STRAWBRIDGE AVE | 2025-09 | $555,000 | 1,551 | 100.0% |
| 225 BUCKNER AVE | 2025-08 | $450,000 | 1,214 | 84.5% |
| 256 BUCKNER AVE | 2025-09 | $452,000 | 1,358 | 72.9% |
| 101 NORWOOD AVE | 2026-06 | $410,000 | 1,620 | 99.6% |
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