The Fair Share Report

446 E Melrose 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.

Step 1 · Market value

≈ $357,552

Likely range $268,622 – $466,338, from 12 comparable Haddon sales in the past 18 months (home size estimated from assessor data — range widened).

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 $357,552 home should be assessed near $374,142.

Step 3 · Assessed value

$375,900

Set at the last town-wide revaluation and mostly frozen since. That's $1,758 above what the ratio math suggests (0.5%).

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

$8,623/yr
Public schools$4,701
Camden County$2,153
Town of Haddon$1,769
Haddon average$9,933

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

Town median 89.7%
This home · 105.1%

70%145%

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)

AddressSoldPriceSq ftRatio
1214 GRANT AVE2026-05$403,0001,27478.5%
1312 WALNUT AVE2025-11$305,0001,313103.4%
605 ONEIDA AVE2025-10$475,0001,26382.8%
17 LINDIS FARNE AVE2025-06$392,0001,32088.0%
25 GOLDEN AVE2025-10$230,0001,125106.7%
219 HARDING AVE2026-02$402,0001,360107.5%
105 COOPER ST2026-03$500,0001,29195.1%
224 MORGAN AVE2025-01$485,0001,04081.6%
1013 MERRICK AVE2026-05$590,0001,26276.0%
122 E PARK AVE2025-09$280,0001,213113.3%
120 E CLINTON AVE2025-03$250,0001,261132.5%
120 E ORMOND AVE2026-05$410,0001,22284.2%

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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 →