The Fair Share Report

10 Jacob Ct

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

≈ $405,251

Likely range $332,870 – $447,756, 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 $405,251 home should be assessed near $256,119.

Step 3 · Assessed value

$207,800

Set at the last town-wide revaluation and mostly frozen since. That's $48,319 below what the ratio math suggests (18.9%).

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%

This home's own bill implies $3.931 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$8,168/yr
Public schools$4,234
Mercer County$1,803
Town of Ewing$2,131
Ewing average$8,367

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

Town median 55.0%
This home · 51.3%

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)

AddressSoldPriceSq ftRatio
18 JACOB CT2026-01$410,0001,77850.6%
15 LILAC DR2025-04$460,0001,62355.5%
221 HAZELHURST AVE2025-11$410,0001,50038.7%
35 ROSEDALE AVE2026-04$425,0001,52134.0%
6 HOLIDAY CT2026-01$390,0001,50246.2%
42 HAZELHURST AVE2025-10$245,5001,56062.6%
282 WEBER AVENUE2025-06$420,0001,51241.2%
6 REBECCA CT2026-05$375,0001,75252.5%
813 LILY LN2025-05$360,0001,43250.1%
12 JACOB CT2025-12$210,0001,75295.1%
24 JACOB CT2026-05$390,0001,75252.7%
10 HOLIDAY CT2025-08$380,0001,50247.8%

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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 →