The Fair Share Report

100 Beacon 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.

Step 1 · Market value

≈ $449,759

Likely range $362,977 – $478,838, 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 $449,759 home should be assessed near $284,248.

Step 3 · Assessed value

$246,400

Set at the last town-wide revaluation and mostly frozen since. That's $37,848 below what the ratio math suggests (13.3%).

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

$9,982/yr
Public schools$5,174
Mercer County$2,203
Town of Ewing$2,604
Ewing average$8,367

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

Town median 55.0%
This home · 54.8%

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
202 W UPPER FERRY RD2025-11$360,0001,82667.0%
56 RIDGEWOOD AVE2026-05$518,0001,86638.3%
17 ACTON AVE2025-10$370,0001,91051.4%
24 FEDERAL CITY RD2025-12$445,0001,87050.1%
136 PALMER LN2025-12$380,0001,78050.5%
113 UPPER FERRY RD2025-06$490,0001,95469.2%
13 LOPATCONG DR2026-01$507,5001,89049.2%
438 EWINGVILLE RD2026-03$399,9991,72962.1%
100 CARNINE AVE2026-05$450,0001,84255.0%
51 FARRELL AVE2026-02$344,0001,72258.6%
415 SUTHERLAND RD2025-11$428,0001,96551.7%
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 →