The Fair Share Report

108 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

≈ $305,785

Likely range $223,427 – $377,337, 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 $305,785 home should be assessed near $193,256.

Step 3 · Assessed value

$161,700

Set at the last town-wide revaluation and mostly frozen since. That's $31,556 below what the ratio math suggests (16.3%).

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

$6,550/yr
Public schools$3,396
Mercer County$1,446
Town of Ewing$1,709
Ewing average$8,367

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

Town median 55.0%
This home · 52.9%

37%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
1637 PENNINGTON RD2025-10$430,0001,10650.0%
1700 FIFTH ST2025-05$260,0001,28152.0%
23 W UPPER FERRY RD2025-03$299,9001,23861.8%
9 WESTON RD2026-05$382,0001,15237.3%
2511 COLUMBIA AVE2025-02$237,5001,29663.5%
161 ALBEMARLE AVE2025-07$385,0001,15251.6%
91 GROVELAND AVE2026-04$60,0001,10090.2%
107 SUMMIT AVE2025-02$420,0001,34455.5%
186 UPLAND AVE2026-02$339,9001,21246.8%
517 EWINGVILLE RD2025-10$260,0001,08070.7%
1003 TERRACE BLVD2025-01$242,0001,21279.6%
109 CARLTON AVE2025-02$305,0001,16651.7%

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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 →