The Fair Share Report

117 Brookside Ave

Ewing, NJ 08638

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

≈ $247,790

Likely range $163,754 – $323,861, 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 $247,790 home should be assessed near $156,603.

Step 3 · Assessed value

$136,800

Set at the last town-wide revaluation and mostly frozen since. That's $19,803 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

$5,542/yr
Public schools$2,873
Mercer County$1,223
Town of Ewing$1,446
Ewing average$8,367

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

Town median 55.0%
This home · 55.2%

37%89%

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
21 CLOVER AVE2025-11$172,0001,20068.6%
318 BEECHWOOD AVE2026-05$265,0001,33337.8%
270 HOMECREST AVE2025-04$160,0001,22770.9%
330 BEECHWOOD AVE2026-01$202,0001,21648.3%
410 BEECHWOOD AVE2025-08$302,0001,41235.6%
165 HOMECREST AVE2025-02$282,0001,12543.2%
226 DRYDEN AVE2026-02$165,0001,25456.2%
99 PENNWOOD DR2025-03$170,0001,250101.9%
429 GREENWAY AVE2025-07$347,5001,26645.4%
1003 TERRACE BLVD2025-01$242,0001,21279.6%
25 PRESTON AVE2026-05$325,0001,05648.6%
48 HOMESTEAD AVE2026-02$270,0001,05474.6%

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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 →