The Fair Share Report
28 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.
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Step 1 · Market value
Likely range $522,612 – $773,249, from 12 comparable Haddon sales in the past 18 months, at this home's 2,164 sq ft.
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 $660,681 home should be assessed near $691,337.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $362,037 below what the ratio math suggests (52.4%).
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
37%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 |
|---|---|---|---|---|
| 264 NEW JERSEY AVE | 2025-11 | $751,000 | 2,039 | 76.6% |
| 126 STRATFORD AVE | 2025-05 | $690,000 | 2,130 | 84.6% |
| 216 GUILFORD AVE | 2025-04 | $610,000 | 1,998 | 89.7% |
| 940 LINWOOD AVE | 2025-11 | $420,000 | 2,036 | 104.4% |
| 218 EMERALD AVE | 2026-05 | $430,000 | 2,273 | 119.0% |
| 429 ADDISON AVE | 2026-05 | $580,000 | 2,086 | 71.5% |
| 228 EMERALD AVE | 2026-06 | $705,000 | 1,973 | 72.7% |
| 1017 BELMONT AVE | 2026-06 | $590,000 | 1,908 | 87.0% |
| 510 RHOADS AVE | 2026-05 | $540,000 | 2,236 | 87.7% |
| 213 MORGAN AVE | 2025-07 | $711,000 | 1,748 | 73.2% |
| 120 MELROSE AVE | 2025-07 | $559,000 | 1,647 | 87.4% |
| 324 HADDON AVE | 2025-04 | $300,000 | 1,852 | 142.9% |
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