The Fair Share Report
115 Summit Ave
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 $385,880 – $455,980, 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 $396,117 home should be assessed near $250,346.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $28,546 below what the ratio math suggests (11.4%).
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 |
|---|---|---|---|---|
| 726 RIVER RD | 2025-03 | $399,000 | 1,575 | 66.4% |
| 644 CONCORD CIR | 2025-12 | $425,000 | 1,503 | 49.5% |
| 562 WASHINGTON AVE | 2025-07 | $437,000 | 1,391 | 66.6% |
| 2115 PENNINGTON RD | 2025-08 | $475,000 | 1,660 | 71.3% |
| 525 CLEARDALE AVE | 2026-02 | $400,000 | 1,545 | 54.0% |
| 1205 PARKWAY AVE | 2026-06 | $350,000 | 1,432 | 49.4% |
| 30 UPPER FERRY RD | 2026-04 | $495,000 | 1,616 | 51.4% |
| 10 OREGON AVE | 2025-08 | $387,000 | 1,520 | 54.4% |
| 4 HEATHER DR | 2024-12 | $450,000 | 1,544 | 54.0% |
| 182 W UPPER FERRY RD | 2025-05 | $320,000 | 1,722 | 72.3% |
| 51 VAN DUYN DR | 2026-04 | $415,000 | 1,558 | 55.0% |
| 503 EWINGVILLE RD | 2025-01 | $369,900 | 1,458 | 52.0% |
Is this your house?
Run your own report →