The Fair Share Report

1 Bruce Ln

Ewing, NJ 08618

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

≈ $276,117

Likely range $201,345 – $311,568, from 12 comparable Ewing sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

63.20%

The state's official measure of how far Ewing assessments sit below market value — republished every October, applied town-wide. A $276,117 home should be assessed near $174,506.

Step 3 · Assessed value

$109,400

Set at the last town-wide revaluation and mostly frozen since. That's $65,106 below what the ratio math suggests (37.3%).

Step 4 · The tax rate — same for every Ewing home

$4.051 per $100 assessed

$2.100 Schools · 52% $0.894 County · 22% $1.057 Town · 26%

Step 5 · The bill

$4,432/yr
Public schools$2,297
Mercer County$978
Town of Ewing$1,156
Ewing average$8,367

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

Town median 55.0%
This home · 39.6%

30%78%

Paying about right

This home's ratio lands inside Ewing'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
1635 NINTH ST2026-01$285,0001,16048.9%
229 NEW TRENT ST2025-05$130,00099052.7%
48 HOMESTEAD AVE2026-02$270,0001,05474.6%
17 VAN DUYN DR2025-05$383,0001,03043.8%
200 NEW HILLCREST AVE2025-03$255,00095045.5%
220 HOMECREST AVE2025-09$270,00097140.0%
1454 N OLDEN AVE2025-04$189,99988223.5%
69 LANNING ST2025-10$347,50098840.3%
1625 FIFTH ST2025-07$152,50097668.7%
37 CENTRAL AVE E2026-02$226,5001,17672.7%
36 POLAND ST2026-04$350,0001,02347.5%
1601 NINTH ST2025-03$310,0001,02434.0%

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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 →