The Fair Share Report

105 Pasadena 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

≈ $246,091

Likely range $146,883 – $330,298, 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 $246,091 home should be assessed near $155,530.

Step 3 · Assessed value

$123,300

Set at the last town-wide revaluation and mostly frozen since. That's $32,230 below what the ratio math suggests (20.7%).

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%

Step 5 · The bill

$4,995/yr
Public schools$2,589
Mercer County$1,102
Town of Ewing$1,303
Ewing average$8,367

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

Town median 55.0%
This home · 50.1%

32%89%

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
226 DRYDEN AVE2026-02$165,0001,25456.2%
1 SUSSEX ST2025-01$300,0001,22268.7%
1003 TERRACE BLVD2025-01$242,0001,21279.6%
99 PENNWOOD DR2025-03$170,0001,250101.9%
1625 SIXTH ST2025-10$250,0001,21547.4%
213 NEW HILLCREST AVE2025-05$160,0001,17078.9%
137 ARDSLEY AVE2026-03$225,0001,15263.1%
33 PENNWOOD DR2025-07$385,0001,17841.9%
115 STRATFORD AVE2026-01$295,0001,11651.3%
429 GREENWAY AVE2025-07$347,5001,26645.4%
270 HOMECREST AVE2025-04$160,0001,22770.9%
7 PENN CT2025-06$337,5001,30854.6%

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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 →