The Fair Share Report

109 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

≈ $407,213

Likely range $374,023 – $446,877, from 12 comparable Ewing sales in the past 18 months, at this home's 1,532 sq ft.

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 $407,213 home should be assessed near $257,359.

Step 3 · Assessed value

$249,100

Set at the last town-wide revaluation and mostly frozen since. That's $8,259 below what the ratio math suggests (3.2%).

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

$10,091/yr
Public schools$5,231
Mercer County$2,227
Town of Ewing$2,633
Ewing average$8,367

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

Town median 55.0%
This home · 61.2%

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
991 TERRACE BLVD2026-02$375,0001,53648.9%
3 WALLACE AVE2025-12$325,0001,58153.3%
535 LAFAYETTE AVE2025-02$395,0001,50850.2%
768 PARKWAY AVE2026-05$335,0001,53639.3%
212 NANCY LN2025-07$515,2121,57344.6%
10 OREGON AVE2025-08$387,0001,52054.4%
10 GLEN MAWR DR2025-11$425,0001,45755.4%
107 SUMMIT AVE2025-02$420,0001,34455.5%
132 ROBBINS AVE2025-03$370,0001,54267.8%
605 CONCORD AVE2025-11$450,0001,73661.7%
30 UPPER FERRY RD2026-04$495,0001,61651.4%
644 CONCORD CIR2025-12$425,0001,50349.5%

Is this your house?

Run your own report →

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 →