The Fair Share Report
402 Second St
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $410,455 – $567,692, 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 $496,561 home should be assessed near $519,601.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $127,801 below what the ratio math suggests (24.6%).
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
64%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 |
|---|---|---|---|---|
| 18 ELM AVE | 2025-06 | $660,000 | 1,516 | 74.6% |
| 109 UTICA AVE | 2025-04 | $481,000 | 1,680 | 90.9% |
| 130 E CEDAR AVE | 2026-01 | $505,000 | 1,496 | 91.5% |
| 21 STRATFORD AVE | 2025-05 | $526,000 | 1,536 | 76.6% |
| 201 MORGAN AVE | 2025-04 | $639,000 | 1,456 | 72.0% |
| 24 ELM AVE | 2026-06 | $390,000 | 1,461 | 108.6% |
| 207 FRENCH AVE | 2026-05 | $540,000 | 1,463 | 91.6% |
| 1214 NEWTON AVE | 2025-04 | $425,000 | 1,504 | 83.2% |
| 200 GUILFORD AVE | 2026-03 | $495,500 | 1,456 | 92.9% |
| 1100 MANSION AVE | 2025-10 | $425,000 | 1,561 | 101.9% |
| 103 BURRWOOD AVE | 2026-06 | $615,000 | 1,391 | 70.5% |
| 1210 NEWTON AVE | 2026-02 | $375,000 | 1,413 | 78.3% |
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