The Fair Share Report
412 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $358,144 – $539,585, 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 $474,397 home should be assessed near $496,409.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $128,909 below what the ratio math suggests (26.0%).
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
63%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 |
|---|---|---|---|---|
| 241 ADDISON AVE | 2026-04 | $425,000 | 1,562 | 98.3% |
| 241 ADDISON AVE | 2026-04 | $375,000 | 1,562 | 111.5% |
| 9 HAMPTON RD | 2026-03 | $635,000 | 1,550 | 74.1% |
| 1110 MERRICK AVE | 2026-05 | $507,000 | 1,536 | 92.2% |
| 210 FERN AVE | 2025-08 | $512,000 | 1,575 | 95.2% |
| 103 BURRWOOD AVE | 2026-06 | $615,000 | 1,391 | 70.5% |
| 1100 MANSION AVE | 2025-10 | $425,000 | 1,561 | 101.9% |
| 932 BELMONT AVE | 2025-11 | $380,000 | 1,618 | 121.5% |
| 283 NEW JERSEY AVE | 2026-04 | $590,000 | 1,553 | 78.5% |
| 205 NICHOLSON RD | 2025-08 | $315,000 | 1,516 | 88.3% |
| 24 ELM AVE | 2026-06 | $390,000 | 1,461 | 108.6% |
| 120 MELROSE AVE | 2025-07 | $559,000 | 1,647 | 87.4% |
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