The Fair Share Report

13 Lanning St

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.

Step 1 · Market value

≈ $432,869

Likely range $391,816 – $468,174, 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 $432,869 home should be assessed near $273,573.

Step 3 · Assessed value

$205,200

Set at the last town-wide revaluation and mostly frozen since. That's $68,373 below what the ratio math suggests (25.0%).

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

$8,313/yr
Public schools$4,309
Mercer County$1,834
Town of Ewing$2,169
Ewing average$8,367

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

Town median 55.0%
This home · 47.4%

38%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
59 MISTY MORN LN2025-04$470,0001,70066.0%
51 VAN DUYN DR2026-04$415,0001,55855.0%
4 HEATHER DR2024-12$450,0001,54454.0%
30 CHELMSFORD CT2026-01$400,0001,60247.9%
114 MOUNTAIN VIEW RD2025-05$485,0001,92456.4%
42 WILLIS DR2025-03$474,9001,74067.8%
61 MAIN BLVD2025-09$370,0001,61253.1%
112 MOUNTAIN VIEW RD2026-05$505,0001,81650.3%
11 COREY DR2026-03$485,0001,61051.0%
19 METEKUNK DR2025-08$575,0001,92953.3%
31 BROPHY DR2025-01$480,0001,90865.7%
954 BEAR TAVERN RD2025-05$450,0001,82053.7%

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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 →