The Fair Share Report

116 Timberlake Dr

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

≈ $331,086

Likely range $325,218 – $350,683, from 12 comparable Ewing sales in the past 18 months, at this home's 1,510 sq ft.

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 $331,086 home should be assessed near $209,246.

Step 3 · Assessed value

$192,300

Set at the last town-wide revaluation and mostly frozen since. That's $16,946 below what the ratio math suggests (8.1%).

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%

This home's own bill implies $3.921 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$7,540/yr
Public schools$3,909
Mercer County$1,664
Town of Ewing$1,967
Ewing average$8,367

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

Town median 55.0%
This home · 58.1%

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
532 TIMBERLAKE DR2026-06$340,0001,46458.1%
311 TIMBERLAKE DR2026-04$315,3111,46463.3%
218 TIMBERLAKE DR2025-08$335,0001,46459.0%
1028 TIMBERLAKE DR2025-06$321,0001,46462.2%
622 MASTERSON CT2026-02$325,0001,48448.5%
127 MASTERSON CT2025-10$330,0001,48447.6%
517 MASTERSON CT2025-06$327,5001,48448.1%
121 MASTERSON CT2025-06$320,0001,48449.3%
448 MASTERSON CT2025-04$350,0001,48445.0%
518 MASTERSON CT2025-04$355,0001,48444.2%
427 MASTERSON CT2025-01$350,0001,48445.0%
634 TIMBERLAKE DR2025-08$335,0001,63163.3%

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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 →