The Fair Share Report
1108 River Rd
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $324,262 – $409,888, 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 $354,717 home should be assessed near $224,181.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $4,281 below what the ratio math suggests (1.9%).
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
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 59 MISTY MORN LN | 2025-04 | $470,000 | 1,700 | 66.0% |
| 4 HEATHER DR | 2024-12 | $450,000 | 1,544 | 54.0% |
| 813 LILY LN | 2025-05 | $360,000 | 1,432 | 50.1% |
| 51 VAN DUYN DR | 2026-04 | $415,000 | 1,558 | 55.0% |
| 860 LOWER FERRY RD #2-K | 2026-04 | $130,000 | 1,276 | 38.3% |
| 860 LOWER FERRY RD #5-F | 2025-04 | $150,000 | 1,276 | 32.9% |
| 1 HIGHACRES AVE | 2025-10 | $475,000 | 1,493 | 60.2% |
| 30 CHELMSFORD CT | 2026-01 | $400,000 | 1,602 | 47.9% |
| 622 MASTERSON CT | 2026-02 | $325,000 | 1,484 | 48.5% |
| 127 MASTERSON CT | 2025-10 | $330,000 | 1,484 | 47.6% |
| 517 MASTERSON CT | 2025-06 | $327,500 | 1,484 | 48.1% |
| 121 MASTERSON CT | 2025-06 | $320,000 | 1,484 | 49.3% |
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