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.
This home's full record →Check another house →
Step 1 · Market value
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
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
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
$2.100 Schools · 52% $0.894 County · 22% $1.057 Town · 26%
Step 5 · The bill
This home vs. every recent Ewing sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 99 PENNWOOD DR | 2025-03 | $170,000 | 1,250 | 101.9% |
| 1003 TERRACE BLVD | 2025-01 | $242,000 | 1,212 | 79.6% |
| 37 VAN DUYN DR | 2026-03 | $410,000 | 1,951 | 51.2% |
| 345 MASTERSON CT | 2026-03 | $330,000 | 1,419 | 52.0% |
| 435 MASTERSON CT | 2026-02 | $299,300 | 1,419 | 55.2% |
| 325 MASTERSON CT | 2026-01 | $345,000 | 1,419 | 47.9% |
| 146 MASTERSON CT | 2025-11 | $330,000 | 1,419 | 50.1% |
| 614 MASTERSON CT | 2025-07 | $315,000 | 1,419 | 52.4% |
| 525 MASTERSON CT | 2025-07 | $345,000 | 1,419 | 47.9% |
| 234 MASTERSON CT | 2025-03 | $350,000 | 1,419 | 47.2% |
| 813 LILY LN | 2025-05 | $360,000 | 1,432 | 50.1% |
| 4 HEATHER DR | 2024-12 | $450,000 | 1,544 | 54.0% |
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