The Fair Share Report

1118 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.

Step 1 · Market value

≈ $592,101

Likely range $526,436 – $677,502, 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 $592,101 home should be assessed near $374,208.

Step 3 · Assessed value

$432,100

Set at the last town-wide revaluation and mostly frozen since. That's $57,892 above what the ratio math suggests (15.5%).

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

$17,504/yr
Public schools$9,074
Mercer County$3,863
Town of Ewing$4,567
Ewing average$8,367

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

Town median 55.0%
This home · 73.0%

39%88%

A touch high — worth watching

This home's ratio sits above most of Ewing, but doesn't clear NJ's legal appeal line (72.68%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
15 DUFFIELD DR2025-10$540,0002,99056.6%
20 BERNARD DR2025-10$480,0002,75972.2%
61 WILLIS DR2026-03$620,0002,95458.7%
59 WILLIS DR2025-08$590,0003,00060.3%
2 WOODFERN AVE2025-09$730,0003,27653.6%
19 WINDYBUSH WAY2025-03$585,0002,63460.7%
2 MATTATUCK LN2025-02$535,0002,68960.1%
1218 LOWER FERRY RD2025-07$455,0003,03261.7%
1 PARDEE PL2025-09$575,0002,31357.2%
34 LOPATCONG DR2026-05$515,0002,67652.6%
6 HICKORY HILL DR2025-10$454,8182,52660.4%
11 MOUNTAIN VIEW RD2026-06$525,0002,36056.1%

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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 →