The Fair Share Report

113 Brookside Ave

Ewing, NJ 08638

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

≈ $229,782

Likely range $153,026 – $279,990, 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 $229,782 home should be assessed near $145,222.

Step 3 · Assessed value

$85,600

Set at the last town-wide revaluation and mostly frozen since. That's $59,622 below what the ratio math suggests (41.1%).

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

$3,468/yr
Public schools$1,798
Mercer County$765
Town of Ewing$905
Ewing average$8,367

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

Town median 55.0%
This home · 37.3%

25%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
1601 NINTH ST2025-03$310,0001,02434.0%
1454 N OLDEN AVE2025-04$189,99988223.5%
229 NEW TRENT ST2025-05$130,00099052.7%
220 HOMECREST AVE2025-09$270,00097140.0%
330 BEECHWOOD AVE2026-01$202,0001,21648.3%
25 PRESTON AVE2026-05$325,0001,05648.6%
35 WOODLAND AVE2025-05$165,00089276.5%
21 CLOVER AVE2025-11$172,0001,20068.6%
165 HOMECREST AVE2025-02$282,0001,12543.2%
115 STRATFORD AVE2026-01$295,0001,11651.3%
48 HOMESTEAD AVE2026-02$270,0001,05474.6%
17 HILLMAN AVE2026-03$245,00080640.0%

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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 →