The Fair Share Report

116 Rutledge 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

≈ $270,753

Likely range $198,967 – $350,987, 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 $270,753 home should be assessed near $171,116.

Step 3 · Assessed value

$153,500

Set at the last town-wide revaluation and mostly frozen since. That's $17,616 below what the ratio math suggests (10.3%).

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

$6,218/yr
Public schools$3,224
Mercer County$1,372
Town of Ewing$1,622
Ewing average$8,367

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

Town median 55.0%
This home · 56.7%

38%83%

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
53 FARRELL AVE2025-01$330,0001,26046.4%
99 PENNWOOD DR2025-03$170,0001,250101.9%
1003 TERRACE BLVD2025-01$242,0001,21279.6%
18 DIXFIELD AVE2025-10$180,0001,26990.1%
47 SOMERSET ST2025-01$185,0001,339117.7%
13 DORSET DR2025-07$356,0001,32848.5%
21 DORSET DR2025-04$337,5001,32852.1%
161 FRANKLYN RD2026-01$357,9001,30845.9%
186 UPLAND AVE2026-02$339,9001,21246.8%
1236 PROSPECT ST2025-01$255,0001,24842.0%
106 RUTLEDGE AVE2025-07$235,0001,40267.0%
201 HAZELHURST AVE2026-05$208,0001,18665.7%

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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 →