The Fair Share Report

10 Devon Ave

Ewing, NJ 08638

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

≈ $401,998

Likely range $391,570 – $435,277, 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 $401,998 home should be assessed near $254,063.

Step 3 · Assessed value

$192,900

Set at the last town-wide revaluation and mostly frozen since. That's $61,163 below what the ratio math suggests (24.1%).

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

$7,814/yr
Public schools$4,051
Mercer County$1,725
Town of Ewing$2,039
Ewing average$8,367

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

Town median 55.0%
This home · 48.0%

39%78%

Keep quiet and enjoy it

This home's assessment ratio sits below the Ewing pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

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

AddressSoldPriceSq ftRatio
30 CHELMSFORD CT2026-01$400,0001,60247.9%
4 WESTWOOD DR2025-11$510,0001,70053.6%
51 VAN DUYN DR2026-04$415,0001,55855.0%
4 HEATHER DR2024-12$450,0001,54454.0%
62 ALBEMARLE AVE2025-06$420,0001,70446.5%
42 HAZELHURST AVE2025-10$245,5001,56062.6%
4 NEW HILLCREST AVE2026-03$385,0001,52136.5%
20 GILMORE RD2025-06$228,0001,64871.6%
100 CARNINE AVE2026-05$450,0001,84255.0%
35 ROSEDALE AVE2026-04$425,0001,52134.0%
257 HOMECREST AVE2025-07$205,0001,60970.2%
2 ROCKLEIGH DR2026-05$450,0001,83657.1%

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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 →