The Fair Share Report

10 Forest 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

≈ $494,941

Likely range $466,612 – $512,870, from 12 comparable Ewing sales in the past 18 months, at this home's 1,910 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 $494,941 home should be assessed near $312,803.

Step 3 · Assessed value

$498,900

Set at the last town-wide revaluation and mostly frozen since. That's $186,097 above what the ratio math suggests (59.5%).

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

$20,210/yr
Public schools$10,477
Mercer County$4,460
Town of Ewing$5,273
Ewing average$8,367

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

Town median 55.0%
This home · 100.8%

39%112%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (72.68%) — roughly $7,539/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
13 LOPATCONG DR2026-01$507,5001,89049.2%
2 ROCKLEIGH DR2026-05$450,0001,83657.1%
5 COREY DR2025-12$490,0001,83654.9%
954 BEAR TAVERN RD2025-05$450,0001,82053.7%
17 ACTON AVE2025-10$370,0001,91051.4%
100 CARNINE AVE2026-05$450,0001,84255.0%
6 VAN GOGH CT2026-03$525,0002,02653.4%
24 FEDERAL CITY RD2025-12$445,0001,87050.1%
113 UPPER FERRY RD2025-06$490,0001,95469.2%
2 VAN SAUN DR2026-01$520,0001,83652.2%
3 BENT TWIG LN2026-05$450,0001,99252.8%
12 MONTAGUE AVE2025-11$560,0001,97151.5%

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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 →