The Fair Share Report
122 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $523,553 – $655,421, from 12 comparable Ewing sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Ewing assessments sit below market value — republished every October, applied town-wide. A $586,070 home should be assessed near $370,396.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $14,796 below what the ratio math suggests (4.0%).
Step 4 · The tax rate — same for every Ewing home
$2.100 Schools · 52% $0.894 County · 22% $1.057 Town · 26%
Step 5 · The bill
This home vs. every recent Ewing sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1419 PENNINGTON RD | 2026-01 | $352,000 | 2,326 | 72.2% |
| 14 CENTRAL AVE E | 2025-07 | $385,000 | 2,538 | 60.9% |
| 2046 PENNINGTON RD | 2025-04 | $465,000 | 1,934 | 52.6% |
| 27 FARM RD | 2025-06 | $672,027 | 2,592 | 56.2% |
| 9 SABRINA DR | 2025-05 | $670,000 | 2,538 | 47.6% |
| 27 COLLEEN CIR | 2025-07 | $560,000 | 2,324 | 54.0% |
| 6 HICKORY HILL DR | 2025-10 | $454,818 | 2,526 | 60.4% |
| 41 STONEHAM RD | 2025-04 | $710,000 | 2,513 | 64.5% |
| 16 FRAN AVE | 2025-05 | $698,000 | 2,669 | 63.8% |
| 4 BLUE RIDGE DR | 2025-07 | $551,500 | 2,318 | 67.7% |
| 11 MOUNTAIN VIEW RD | 2026-06 | $525,000 | 2,360 | 56.1% |
| 23 SABRINA DR | 2026-02 | $499,000 | 2,320 | 60.1% |
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