The Fair Share Report

1084 River Rd

Ewing, NJ 08824

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

≈ $445,315

Likely range $385,798 – $484,353, 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 $445,315 home should be assessed near $281,439.

Step 3 · Assessed value

$272,800

Set at the last town-wide revaluation and mostly frozen since. That's $8,639 below what the ratio math suggests (3.1%).

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

$11,051/yr
Public schools$5,729
Mercer County$2,439
Town of Ewing$2,883
Ewing average$8,367

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

Town median 55.0%
This home · 61.3%

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
1727 SIXTH ST2025-10$410,0001,64644.9%
585 PARKWAY AVE2025-05$350,0002,06776.3%
1583 PENNINGTON RD2026-01$385,0002,03246.3%
37 VAN DUYN DR2026-03$410,0001,95151.2%
415 BEECHWOOD AVE2025-02$301,0002,07556.5%
2046 PENNINGTON RD2025-04$465,0001,93452.6%
124 NEW HILLCREST AVE2026-05$369,0001,73138.0%
310 PINGREE AVE2026-01$412,0002,11967.7%
8 MISTY MORN LN2025-12$467,5002,04451.1%
4 BITTERSWEET RD2025-10$455,0002,15266.0%
325 CONCORD AVE2025-08$381,1741,68065.7%
29 SUNDEW DR2025-02$500,0002,19258.2%

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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 →