The Fair Share Report

104 Summit Ave

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

≈ $275,207

Likely range $225,257 – $374,205, 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 $275,207 home should be assessed near $173,931.

Step 3 · Assessed value

$176,900

Set at the last town-wide revaluation and mostly frozen since. That's $2,969 above what the ratio math suggests (1.7%).

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 $3.910 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$6,916/yr
Public schools$3,585
Mercer County$1,526
Town of Ewing$1,805
Ewing average$8,367

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

Town median 55.0%
This home · 64.3%

39%84%

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
1700 FIFTH ST2025-05$260,0001,28152.0%
23 W UPPER FERRY RD2025-03$299,9001,23861.8%
107 SUMMIT AVE2025-02$420,0001,34455.5%
99 PENNWOOD DR2025-03$170,0001,250101.9%
1003 TERRACE BLVD2025-01$242,0001,21279.6%
186 UPLAND AVE2026-02$339,9001,21246.8%
2511 COLUMBIA AVE2025-02$237,5001,29663.5%
117 BROWNING AVE2025-12$290,1011,34461.6%
53 FARRELL AVE2025-01$330,0001,26046.4%
20 ROCKLAND RD2026-03$240,0001,22092.3%
123 BUTTONWOOD DR2025-04$370,0001,39249.8%
9 WESTON RD2026-05$382,0001,15237.3%

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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 →