The Fair Share Report
123 Broad Ave
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $281,886 – $407,841, 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 $378,291 home should be assessed near $239,080.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $66,480 below what the ratio math suggests (27.8%).
Step 4 · The tax rate — same for every Ewing home
$2.100 Schools · 52% $0.894 County · 22% $1.057 Town · 26%
This home's own bill implies $3.906 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Ewing sale · assessed ÷ market
37%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 |
|---|---|---|---|---|
| 844 LOWER FERRY RD | 2025-06 | $350,000 | 1,386 | 44.4% |
| 2 DORSET DR | 2025-06 | $280,000 | 1,368 | 64.1% |
| 38 RUNNING BROOK RD W | 2025-12 | $565,000 | 1,362 | 40.7% |
| 2200 COLUMBIA AVE | 2025-02 | $402,000 | 1,378 | 46.4% |
| 13 BENT TWIG LN | 2025-04 | $380,000 | 1,372 | 57.0% |
| 20 RUNNING BROOK RD W | 2026-05 | $405,000 | 1,356 | 52.4% |
| 19 HARDWICK DR | 2025-11 | $395,000 | 1,442 | 55.2% |
| 40 HARDWICK DR | 2025-02 | $399,000 | 1,438 | 51.3% |
| 328 EWINGVILLE RD | 2025-03 | $450,000 | 1,430 | 37.2% |
| 28 BRATTLE ST | 2025-03 | $200,000 | 1,362 | 69.0% |
| 117 BROWNING AVE | 2025-12 | $290,101 | 1,344 | 61.6% |
| 33 SHERBROOKE RD | 2026-04 | $325,000 | 1,336 | 63.9% |
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