The Fair Share Report

116 Central Ave W

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

≈ $363,506

Likely range $278,387 – $378,821, 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 $363,506 home should be assessed near $229,736.

Step 3 · Assessed value

$188,400

Set at the last town-wide revaluation and mostly frozen since. That's $41,336 below what the ratio math suggests (18.0%).

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

$7,632/yr
Public schools$3,956
Mercer County$1,684
Town of Ewing$1,991
Ewing average$8,367

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

Town median 55.0%
This home · 51.8%

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)

AddressSoldPriceSq ftRatio
2 DORSET DR2025-06$280,0001,36864.1%
844 LOWER FERRY RD2025-06$350,0001,38644.4%
13 BENT TWIG LN2025-04$380,0001,37257.0%
19 HARDWICK DR2025-11$395,0001,44255.2%
33 SHERBROOKE RD2026-04$325,0001,33663.9%
10 GLEN MAWR DR2025-11$425,0001,45755.4%
28 BRATTLE ST2025-03$200,0001,36269.0%
40 HARDWICK DR2025-02$399,0001,43851.3%
117 BROWNING AVE2025-12$290,1011,34461.6%
161 FRANKLYN RD2026-01$357,9001,30845.9%
107 SUMMIT AVE2025-02$420,0001,34455.5%
38 RUNNING BROOK RD W2025-12$565,0001,36240.7%

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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 →