The Fair Share Report

116 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.

Step 1 · Market value

≈ $440,176

Likely range $333,164 – $475,328, 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 $440,176 home should be assessed near $278,191.

Step 3 · Assessed value

$238,700

Set at the last town-wide revaluation and mostly frozen since. That's $39,491 below what the ratio math suggests (14.2%).

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

$9,670/yr
Public schools$5,013
Mercer County$2,134
Town of Ewing$2,523
Ewing average$8,367

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

Town median 55.0%
This home · 54.2%

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
4 WESTWOOD DR2025-11$510,0001,70053.6%
321 WYNNEWOOD RD2025-06$330,0001,68358.1%
145 PALMER LN2025-08$455,0001,65047.1%
36 THURSTON AVE2025-07$455,0001,61158.0%
120 SUSSEX ST2026-01$200,0001,64561.2%
438 EWINGVILLE RD2026-03$399,9991,72962.1%
56 RIDGEWOOD AVE2026-05$518,0001,86638.3%
30 CHELMSFORD CT2026-01$400,0001,60247.9%
79 OREGON AVE2025-03$358,0001,72454.0%
212 NANCY LN2025-07$515,2121,57344.6%
71 NANCY LN2025-07$461,0001,77150.5%
100 CARNINE AVE2026-05$450,0001,84255.0%

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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 →