The Fair Share Report

111 Beacon Ave

Ewing, NJ 08618

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

≈ $322,512

Likely range $232,121 – $350,965, 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 $322,512 home should be assessed near $203,828.

Step 3 · Assessed value

$137,500

Set at the last town-wide revaluation and mostly frozen since. That's $66,328 below what the ratio math suggests (32.5%).

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

$5,570/yr
Public schools$2,888
Mercer County$1,229
Town of Ewing$1,453
Ewing average$8,367

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

Town median 55.0%
This home · 42.6%

34%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
1063 TERRACE BLVD2025-06$330,0001,11650.0%
115 STRATFORD AVE2026-01$295,0001,11651.3%
9 WESTON RD2026-05$382,0001,15237.3%
27 WALTON AVE2026-01$240,0001,11659.7%
1075 FIRESIDE AVE2025-08$320,0001,11674.6%
32 FARRELL AVE2025-11$242,2501,11657.5%
1003 TERRACE BLVD2025-01$242,0001,21279.6%
186 UPLAND AVE2026-02$339,9001,21246.8%
99 PENNWOOD DR2025-03$170,0001,250101.9%
15 KILMER DR2025-10$351,0001,16653.7%
24 GLEN STEWART DR2026-04$290,0001,12064.9%
13 DECOU AVE2026-05$320,0001,11654.4%

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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 →