The Fair Share Report

340 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.

Step 1 · Market value

≈ $447,917

Likely range $316,858 – $500,412, from 12 comparable Haddon sales in the past 18 months, at this home's 1,350 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 $447,917 home should be assessed near $468,700.

Step 3 · Assessed value

$259,300

Set at the last town-wide revaluation and mostly frozen since. That's $209,400 below what the ratio math suggests (44.7%).

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

$5,902/yr
Public schools$3,218
Camden County$1,473
Town of Haddon$1,211
Haddon average$9,933

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

Town median 89.7%
This home · 57.9%

46%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)

AddressSoldPriceSq ftRatio
24 CAMBRIDGE AVE2026-04$660,0001,30073.1%
222 BRADLEY AVE2026-05$505,0001,39275.7%
110 WESTMONT AVE2026-02$545,0001,31875.5%
209 NICHOLSON RD2025-10$282,0001,30889.7%
213 NICHOLSON RD2026-02$307,0001,30891.6%
124 NICHOLSON RD2025-05$230,0001,308109.1%
82 VIRGINIA AVE2026-05$430,0001,296105.2%
926 BELMONT AVE2026-02$485,0001,35291.3%
1120 STOKES AVE2025-08$453,0001,482110.8%
1104 MT VERNON AVE2025-07$585,0001,49278.2%
225 BUCKNER AVE2025-08$450,0001,21484.5%
265 W CRYSTAL LAKE AVE2025-10$485,0001,34285.8%

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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 →