The Fair Share Report
601 Cold Spring Ave
Haddon, NJ 08107
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.
This home's payments are about right
It sits inside Haddon's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $428,017 – $606,589, 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 $535,672 home should be assessed near $560,527.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $143,227 below what the ratio math suggests (25.6%).
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
63%116%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 283 NEW JERSEY AVE | 2026-04 | $590,000 | 1,553 | 78.5% |
| 123 MELROSE AVE | 2025-04 | $600,000 | 1,615 | 85.5% |
| 203 HARDING AVE | 2025-07 | $510,000 | 1,652 | 92.7% |
| 214 EMERALD AVE | 2025-07 | $540,000 | 1,622 | 84.2% |
| 223 GUILFORD AVE | 2025-12 | $430,500 | 1,636 | 110.5% |
| 120 MELROSE AVE | 2025-07 | $559,000 | 1,647 | 87.4% |
| 21 STRATFORD AVE | 2025-05 | $526,000 | 1,536 | 76.6% |
| 408 STRATFORD AVE | 2025-08 | $565,000 | 1,668 | 85.2% |
| 212 EMERALD AVE | 2025-04 | $500,000 | 1,708 | 103.1% |
| 213 MORGAN AVE | 2025-07 | $711,000 | 1,748 | 73.2% |
| 1108 ELDRIDGE AVE | 2026-04 | $317,000 | 1,716 | 113.7% |
| 1214 NEWTON AVE | 2025-04 | $425,000 | 1,504 | 83.2% |
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