The Fair Share Report
130 Broad Ave
Ewing, NJ 08822
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.
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Step 1 · Market value
Likely range $180,851 – $341,792, from 12 comparable Ewing sales in the past 18 months, at this home's 1,275 sq ft.
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 $318,750 home should be assessed near $201,450.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $19,150 below what the ratio math suggests (9.5%).
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%106%
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 |
|---|---|---|---|---|
| 860 LOWER FERRY RD #2-K | 2026-04 | $130,000 | 1,276 | 38.3% |
| 860 LOWER FERRY RD #5-F | 2025-04 | $150,000 | 1,276 | 32.9% |
| 860 LOWER FERRY RD #6-D | 2025-10 | $150,000 | 1,260 | 40.1% |
| 18 DIXFIELD AVE | 2025-10 | $180,000 | 1,269 | 90.1% |
| 140 CRESCENT AVE | 2026-05 | $300,000 | 1,200 | 57.6% |
| 33 SHERBROOKE RD | 2026-04 | $325,000 | 1,336 | 63.9% |
| 161 FRANKLYN RD | 2026-01 | $357,900 | 1,308 | 45.9% |
| 28 BRATTLE ST | 2025-03 | $200,000 | 1,362 | 69.0% |
| 53 FARRELL AVE | 2025-01 | $330,000 | 1,260 | 46.4% |
| 13 BENT TWIG LN | 2025-04 | $380,000 | 1,372 | 57.0% |
| 20 ROCKLAND RD | 2026-03 | $240,000 | 1,220 | 92.3% |
| 13 DORSET DR | 2025-07 | $356,000 | 1,328 | 48.5% |
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