The Fair Share Report
1014 River Rd
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.
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Step 1 · Market value
Likely range $400,407 – $437,424, from 12 comparable Ewing sales in the past 18 months, at this home's 1,639 sq ft.
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 $412,327 home should be assessed near $260,591.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $43,709 above what the ratio math suggests (16.8%).
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%81%
A touch high — worth watching
This home's ratio sits above most of Ewing, but doesn't clear NJ's legal appeal line (72.68%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 4 WESTWOOD DR | 2025-11 | $510,000 | 1,700 | 53.6% |
| 30 CHELMSFORD CT | 2026-01 | $400,000 | 1,602 | 47.9% |
| 51 VAN DUYN DR | 2026-04 | $415,000 | 1,558 | 55.0% |
| 4 HEATHER DR | 2024-12 | $450,000 | 1,544 | 54.0% |
| 100 CARNINE AVE | 2026-05 | $450,000 | 1,842 | 55.0% |
| 2 ROCKLEIGH DR | 2026-05 | $450,000 | 1,836 | 57.1% |
| 5 COREY DR | 2025-12 | $490,000 | 1,836 | 54.9% |
| 2 VAN SAUN DR | 2026-01 | $520,000 | 1,836 | 52.2% |
| 6 VAN GOGH CT | 2026-03 | $525,000 | 2,026 | 53.4% |
| 3 BENT TWIG LN | 2026-05 | $450,000 | 1,992 | 52.8% |
| 31 BROPHY DR | 2025-01 | $480,000 | 1,908 | 65.7% |
| 99 PENNWOOD DR | 2025-03 | $170,000 | 1,250 | 101.9% |
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