The Fair Share Report

1018 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.

Step 1 · Market value

≈ $558,364

Likely range $493,135 – $631,758, from 12 comparable Ewing sales in the past 18 months, at this home's 2,430 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 $558,364 home should be assessed near $352,886.

Step 3 · Assessed value

$299,000

Set at the last town-wide revaluation and mostly frozen since. That's $53,886 below what the ratio math suggests (15.3%).

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

$12,112/yr
Public schools$6,279
Mercer County$2,673
Town of Ewing$3,160
Ewing average$8,367

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

Town median 55.0%
This home · 53.5%

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
4 LOCKE CT2026-01$615,0002,24857.2%
2264 PENNINGTON RD2025-09$470,0002,31675.2%
12 SANDY LN2025-05$608,0002,23761.0%
19 WINDYBUSH WAY2025-03$585,0002,63460.7%
4 RIVERVIEW DR2026-03$610,0002,24461.3%
15 BARBARA LN2026-03$505,9002,24857.3%
92 LOCHATONG RD2025-08$599,0002,30460.6%
1 PARDEE PL2025-09$575,0002,31357.2%
12 CURRIER WAY2025-03$535,0002,39457.7%
15 TINA DR2025-11$545,0002,30953.9%
8 HIGHACRES AVE2026-01$500,0002,17657.0%
20 BERNARD DR2025-10$480,0002,75972.2%

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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 →