The Fair Share Report

11 Heath St

Ewing, NJ 08070

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

≈ $330,036

Likely range $214,137 – $395,701, 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 $330,036 home should be assessed near $208,583.

Step 3 · Assessed value

$134,500

Set at the last town-wide revaluation and mostly frozen since. That's $74,083 below what the ratio math suggests (35.5%).

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

$5,449/yr
Public schools$2,825
Mercer County$1,202
Town of Ewing$1,422
Ewing average$8,367

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

Town median 55.0%
This home · 40.8%

29%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
200 NEW HILLCREST AVE2025-03$255,00095045.5%
17 VAN DUYN DR2025-05$383,0001,03043.8%
2511 COLUMBIA AVE2025-02$237,5001,29663.5%
1637 PENNINGTON RD2025-10$430,0001,10650.0%
37 CENTRAL AVE E2026-02$226,5001,17672.7%
9 WESTON RD2026-05$382,0001,15237.3%
15 CAROLINA AVE2025-01$315,00089159.1%
1700 FIFTH ST2025-05$260,0001,28152.0%
23 W UPPER FERRY RD2025-03$299,9001,23861.8%
16 BLUE GRASS DR2025-06$380,0001,14453.0%
161 ALBEMARLE AVE2025-07$385,0001,15251.6%
91 GROVELAND AVE2026-04$60,0001,10090.2%

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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 →