The Fair Share Report

105 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

≈ $429,843

Likely range $351,077 – $509,209, 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 $429,843 home should be assessed near $271,661.

Step 3 · Assessed value

$260,500

Set at the last town-wide revaluation and mostly frozen since. That's $11,161 below what the ratio math suggests (4.1%).

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

$10,553/yr
Public schools$5,471
Mercer County$2,329
Town of Ewing$2,753
Ewing average$8,367

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

Town median 55.0%
This home · 60.6%

39%80%

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
605 CONCORD AVE2025-11$450,0001,73661.7%
438 EWINGVILLE RD2026-03$399,9991,72962.1%
56 RIDGEWOOD AVE2026-05$518,0001,86638.3%
100 CARNINE AVE2026-05$450,0001,84255.0%
2 ROCKLEIGH DR2026-05$450,0001,83657.1%
5 COREY DR2025-12$490,0001,83654.9%
310 PINGREE AVE2026-01$412,0002,11967.7%
17 ACTON AVE2025-10$370,0001,91051.4%
145 PALMER LN2025-08$455,0001,65047.1%
37 VAN DUYN DR2026-03$410,0001,95151.2%
182 W UPPER FERRY RD2025-05$320,0001,72272.3%
51 FARRELL AVE2026-02$344,0001,72258.6%

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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 →