The Fair Share Report
106 Brookside Ave
Ewing, NJ 08638
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.
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Step 1 · Market value
Likely range $140,700 – $261,937, from 12 comparable Ewing sales in the past 18 months (home size estimated from assessor data — range widened).
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 $194,092 home should be assessed near $122,666.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $36,466 below what the ratio math suggests (29.7%).
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
27%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 |
|---|---|---|---|---|
| 1454 N OLDEN AVE | 2025-04 | $189,999 | 882 | 23.5% |
| 229 NEW TRENT ST | 2025-05 | $130,000 | 990 | 52.7% |
| 330 BEECHWOOD AVE | 2026-01 | $202,000 | 1,216 | 48.3% |
| 220 HOMECREST AVE | 2025-09 | $270,000 | 971 | 40.0% |
| 1601 NINTH ST | 2025-03 | $310,000 | 1,024 | 34.0% |
| 48 HOMESTEAD AVE | 2026-02 | $270,000 | 1,054 | 74.6% |
| 21 CLOVER AVE | 2025-11 | $172,000 | 1,200 | 68.6% |
| 25 PRESTON AVE | 2026-05 | $325,000 | 1,056 | 48.6% |
| 165 HOMECREST AVE | 2025-02 | $282,000 | 1,125 | 43.2% |
| 35 WOODLAND AVE | 2025-05 | $165,000 | 892 | 76.5% |
| 15 CAROLINA AVE | 2025-01 | $315,000 | 891 | 59.1% |
| 318 BEECHWOOD AVE | 2026-05 | $265,000 | 1,333 | 37.8% |
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