The Fair Share Report

902 Merrick Ave

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.

Step 1 · Market value

≈ $472,712

Likely range $287,401 – $550,543, 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 $472,712 home should be assessed near $494,646.

Step 3 · Assessed value

$359,500

Set at the last town-wide revaluation and mostly frozen since. That's $135,146 below what the ratio math suggests (27.3%).

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

$8,247/yr
Public schools$4,496
Camden County$2,059
Town of Haddon$1,692
Haddon average$9,933

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

Town median 89.7%
This home · 76.1%

60%131%

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
263 HOPKINS RD2026-05$440,0001,36287.3%
265 W CRYSTAL LAKE AVE2025-10$485,0001,34285.8%
1013 MERRICK AVE2026-05$590,0001,26276.0%
926 BELMONT AVE2026-02$485,0001,35291.3%
103 BURRWOOD AVE2026-06$615,0001,39170.5%
124 NICHOLSON RD2025-05$230,0001,308109.1%
82 VIRGINIA AVE2026-05$430,0001,296105.2%
213 NICHOLSON RD2026-02$307,0001,30891.6%
105 COOPER ST2026-03$500,0001,29195.1%
309 DELAWARE AVE2025-07$300,0001,26478.7%
209 NICHOLSON RD2025-10$282,0001,30889.7%
110 WESTMONT AVE2026-02$545,0001,31875.5%

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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 →