The Fair Share Report

1051 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

≈ $328,372

Likely range $297,824 – $354,972, from 12 comparable Ewing sales in the past 18 months, at this home's 1,412 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 $328,372 home should be assessed near $207,531.

Step 3 · Assessed value

$210,300

Set at the last town-wide revaluation and mostly frozen since. That's $2,769 above what the ratio math suggests (1.3%).

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

$8,519/yr
Public schools$4,416
Mercer County$1,880
Town of Ewing$2,223
Ewing average$8,367

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

Town median 55.0%
This home · 64.0%

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
99 PENNWOOD DR2025-03$170,0001,250101.9%
1003 TERRACE BLVD2025-01$242,0001,21279.6%
37 VAN DUYN DR2026-03$410,0001,95151.2%
345 MASTERSON CT2026-03$330,0001,41952.0%
435 MASTERSON CT2026-02$299,3001,41955.2%
325 MASTERSON CT2026-01$345,0001,41947.9%
146 MASTERSON CT2025-11$330,0001,41950.1%
614 MASTERSON CT2025-07$315,0001,41952.4%
525 MASTERSON CT2025-07$345,0001,41947.9%
234 MASTERSON CT2025-03$350,0001,41947.2%
813 LILY LN2025-05$360,0001,43250.1%
4 HEATHER DR2024-12$450,0001,54454.0%

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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 →