The Fair Share Report

1052 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

≈ $384,270

Likely range $311,127 – $461,526, 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 $384,270 home should be assessed near $242,859.

Step 3 · Assessed value

$204,600

Set at the last town-wide revaluation and mostly frozen since. That's $38,259 below what the ratio math suggests (15.8%).

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

$8,288/yr
Public schools$4,297
Mercer County$1,829
Town of Ewing$2,163
Ewing average$8,367

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

Town median 55.0%
This home · 53.2%

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
1 HIGHACRES AVE2025-10$475,0001,49360.2%
4 HEATHER DR2024-12$450,0001,54454.0%
51 VAN DUYN DR2026-04$415,0001,55855.0%
30 CHELMSFORD CT2026-01$400,0001,60247.9%
37 VAN DUYN DR2026-03$410,0001,95151.2%
4 WESTWOOD DR2025-11$510,0001,70053.6%
726 RIVER RD2025-03$399,0001,57566.4%
562 WASHINGTON AVE2025-07$437,0001,39166.6%
63 CARLTON AVE2025-07$350,0001,92062.0%
644 CONCORD CIR2025-12$425,0001,50349.5%
99 PENNWOOD DR2025-03$170,0001,250101.9%
77 WOODLAND AVE2025-10$349,9991,48253.4%

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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 →