The Fair Share Report
401 Third Ave
Haddon Heights, NJ 08035
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
A touch high — but not appeal-worthy
Above most of Haddon Heights, but below NJ's legal appeal line (92.93%), where a case becomes winnable.
Step 1 · Market value
Likely range $359,750 – $511,426, from 12 comparable Haddon Heights 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 Heights assessments sit below market value — republished every October, applied town-wide. A $433,505 home should be assessed near $350,315.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $23,985 above what the ratio math suggests (6.8%).
Step 4 · The tax rate — same for every Haddon Heights home
$1.940 Schools · 56% $0.658 County · 19% $0.893 Town · 26%
Step 5 · The bill
This home vs. every recent Haddon Heights sale · assessed ÷ market
47%109%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1927 WAYNE AVE | 2026-03 | $460,000 | 1,660 | 52.1% |
| 1927 WAYNE AVE | 2026-03 | $403,000 | 1,660 | 59.4% |
| 2004 SYCAMORE ST | 2026-04 | $390,000 | 1,798 | 64.6% |
| 1517 OAK AVE | 2025-06 | $386,500 | 2,146 | 74.4% |
| 1608 PROSPECT RIDGE BLVD | 2025-12 | $520,000 | 1,606 | 52.9% |
| 1608 CEDAR AVE | 2025-10 | $400,000 | 1,920 | 66.6% |
| 1720 PROSPECT RIDGE BLVD | 2026-02 | $543,000 | 1,568 | 48.3% |
| 1600 CEDAR AVE | 2026-04 | $441,000 | 1,824 | 54.4% |
| 2008 SYCAMORE ST | 2025-11 | $430,000 | 1,490 | 58.9% |
| 411 FOURTH AVE | 2026-01 | $470,000 | 2,020 | 69.7% |
| 303 HIGHLAND AVE | 2026-02 | $385,000 | 1,746 | 72.3% |
| 1520 SYCAMORE ST | 2026-05 | $285,000 | 1,433 | 80.0% |
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