The Fair Share Report

1 Frederick Ln

Ewing, NJ 08628

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

≈ $497,549

Likely range $458,584 – $526,037, from 12 comparable Ewing sales in the past 18 months, at this home's 2,030 sq ft.

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 $497,549 home should be assessed near $314,451.

Step 3 · Assessed value

$338,700

Set at the last town-wide revaluation and mostly frozen since. That's $24,249 above what the ratio math suggests (7.7%).

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

$13,721/yr
Public schools$7,113
Mercer County$3,028
Town of Ewing$3,580
Ewing average$8,367

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

Town median 55.0%
This home · 68.1%

39%79%

A touch high — worth watching

This home's ratio sits above most of Ewing, but doesn't clear NJ's legal appeal line (72.68%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
6 VAN GOGH CT2026-03$525,0002,02653.4%
3 BENT TWIG LN2026-05$450,0001,99252.8%
19 DIANE DR2025-07$530,0002,05850.1%
13 LOPATCONG DR2026-01$507,5001,89049.2%
113 UPPER FERRY RD2025-06$490,0001,95469.2%
7 SOMMERS RD2025-10$402,6002,03668.1%
6 ROCKLEIGH DR2026-05$450,0002,20862.2%
15 BROPHY DR2026-01$454,5002,05271.6%
5 LOPATCONG DR2025-09$517,0002,18451.9%
19 CLIVE CT2025-01$510,0001,98947.8%
2 ROCKLEIGH DR2026-05$450,0001,83657.1%
5 COREY DR2025-12$490,0001,83654.9%

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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 →