The Fair Share Report
1 Pershing Ave
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $366,021 – $470,356, from 12 comparable Ewing 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 Ewing assessments sit below market value — republished every October, applied town-wide. A $400,131 home should be assessed near $252,883.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $16,483 below what the ratio math suggests (6.5%).
Step 4 · The tax rate — same for every Ewing home
$2.100 Schools · 52% $0.894 County · 22% $1.057 Town · 26%
Step 5 · The bill
This home vs. every recent Ewing sale · assessed ÷ market
39%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 605 CONCORD AVE | 2025-11 | $450,000 | 1,736 | 61.7% |
| 51 FARRELL AVE | 2026-02 | $344,000 | 1,722 | 58.6% |
| 768 PARKWAY AVE | 2026-05 | $335,000 | 1,536 | 39.3% |
| 415 SUTHERLAND RD | 2025-11 | $428,000 | 1,965 | 51.7% |
| 325 CONCORD AVE | 2025-08 | $381,174 | 1,680 | 65.7% |
| 37 VAN DUYN DR | 2026-03 | $410,000 | 1,951 | 51.2% |
| 17 ACTON AVE | 2025-10 | $370,000 | 1,910 | 51.4% |
| 136 PALMER LN | 2025-12 | $380,000 | 1,780 | 50.5% |
| 1583 PENNINGTON RD | 2026-01 | $385,000 | 2,032 | 46.3% |
| 4 WESTWOOD DR | 2025-11 | $510,000 | 1,700 | 53.6% |
| 438 EWINGVILLE RD | 2026-03 | $399,999 | 1,729 | 62.1% |
| 535 LAFAYETTE AVE | 2025-02 | $395,000 | 1,508 | 50.2% |
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