The Fair Share Report

116 W Upper Ferry Rd

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

≈ $378,662

Likely range $329,746 – $437,606, 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 $378,662 home should be assessed near $239,314.

Step 3 · Assessed value

$209,200

Set at the last town-wide revaluation and mostly frozen since. That's $30,114 below what the ratio math suggests (12.6%).

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

$8,475/yr
Public schools$4,393
Mercer County$1,870
Town of Ewing$2,211
Ewing average$8,367

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

Town median 55.0%
This home · 55.2%

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
77 WOODLAND AVE2025-10$349,9991,48253.4%
10 PERSHING AVE2025-07$311,6001,43064.9%
325 CONCORD AVE2025-08$381,1741,68065.7%
30 UPPER FERRY RD2026-04$495,0001,61651.4%
991 TERRACE BLVD2026-02$375,0001,53648.9%
1727 SIXTH ST2025-10$410,0001,64644.9%
2511 COLUMBIA AVE2025-02$237,5001,29663.5%
212 NANCY LN2025-07$515,2121,57344.6%
605 CONCORD AVE2025-11$450,0001,73661.7%
644 CONCORD CIR2025-12$425,0001,50349.5%
10 OREGON AVE2025-08$387,0001,52054.4%
260 WEBER AVE2025-08$196,0001,61566.3%

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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 →