The Fair Share Report
40 Addison Ave
Haddon, NJ 08108
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 $563,667 – $651,258, 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 $626,087 home should be assessed near $655,137.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $93,137 below what the ratio math suggests (14.2%).
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 |
|---|---|---|---|---|
| 17 DEVON CT | 2025-04 | $615,000 | 2,230 | 95.4% |
| 206 HAMPTON RD | 2026-05 | $815,000 | 2,154 | 83.1% |
| 206 HAMPTON RD | 2025-05 | $557,000 | 2,154 | 121.6% |
| 504 GLENDALE AVE | 2026-02 | $688,000 | 2,085 | 83.1% |
| 147 HEATHER RD | 2025-07 | $675,000 | 2,074 | 85.6% |
| 130 E CEDAR AVE | 2026-01 | $505,000 | 1,496 | 91.5% |
| 413 GLENWOOD AVE | 2025-06 | $485,000 | 1,526 | 88.2% |
| 806 REDMAN AVE | 2025-06 | $615,000 | 1,886 | 89.5% |
| 305 FERN AVE | 2025-11 | $665,000 | 1,949 | 90.7% |
| 106 VESPER AVE | 2025-04 | $725,000 | 2,188 | 85.6% |
| 729 GRAISBURY AVE | 2025-10 | $700,000 | 2,040 | 89.4% |
| 269 S PARK DR | 2025-06 | $900,000 | 2,758 | 82.9% |
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