The Fair Share Report
449 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $355,877 – $495,338, from 12 comparable Haddon sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Haddon assessments sit below market value — republished every October, applied town-wide. A $447,585 home should be assessed near $468,353.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $50,753 below what the ratio math suggests (10.8%).
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%123%
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 |
|---|---|---|---|---|
| 222 BRADLEY AVE | 2026-05 | $505,000 | 1,392 | 75.7% |
| 82 VIRGINIA AVE | 2026-05 | $430,000 | 1,296 | 105.2% |
| 213 NICHOLSON RD | 2026-02 | $307,000 | 1,308 | 91.6% |
| 926 BELMONT AVE | 2026-02 | $485,000 | 1,352 | 91.3% |
| 124 NICHOLSON RD | 2025-05 | $230,000 | 1,308 | 109.1% |
| 209 NICHOLSON RD | 2025-10 | $282,000 | 1,308 | 89.7% |
| 265 W CRYSTAL LAKE AVE | 2025-10 | $485,000 | 1,342 | 85.8% |
| 110 WESTMONT AVE | 2026-02 | $545,000 | 1,318 | 75.5% |
| 263 HOPKINS RD | 2026-05 | $440,000 | 1,362 | 87.3% |
| 201 LEES LN | 2025-06 | $565,000 | 1,320 | 84.4% |
| 24 CAMBRIDGE AVE | 2026-04 | $660,000 | 1,300 | 73.1% |
| 225 BUCKNER AVE | 2025-08 | $450,000 | 1,214 | 84.5% |
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