The Fair Share Report

127 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.

Step 1 · Market value

≈ $323,441

Likely range $263,115 – $385,037, 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 $323,441 home should be assessed near $204,415.

Step 3 · Assessed value

$155,800

Set at the last town-wide revaluation and mostly frozen since. That's $48,615 below what the ratio math suggests (23.8%).

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

$6,311/yr
Public schools$3,272
Mercer County$1,393
Town of Ewing$1,647
Ewing average$8,367

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

Town median 55.0%
This home · 48.2%

35%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
1637 PENNINGTON RD2025-10$430,0001,10650.0%
115 STRATFORD AVE2026-01$295,0001,11651.3%
1075 FIRESIDE AVE2025-08$320,0001,11674.6%
9 WESTON RD2026-05$382,0001,15237.3%
24 GLEN STEWART DR2026-04$290,0001,12064.9%
23 W UPPER FERRY RD2025-03$299,9001,23861.8%
161 ALBEMARLE AVE2025-07$385,0001,15251.6%
91 GROVELAND AVE2026-04$60,0001,10090.2%
517 EWINGVILLE RD2025-10$260,0001,08070.7%
21 DECOU AVE2025-12$420,0001,11644.6%
1063 TERRACE BLVD2025-06$330,0001,11650.0%
13 DECOU AVE2026-05$320,0001,11654.4%

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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 →