The Fair Share Report

130 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

≈ $313,354

Likely range $234,168 – $409,239, 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 $313,354 home should be assessed near $198,040.

Step 3 · Assessed value

$174,400

Set at the last town-wide revaluation and mostly frozen since. That's $23,640 below what the ratio math suggests (11.9%).

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

$7,065/yr
Public schools$3,662
Mercer County$1,559
Town of Ewing$1,843
Ewing average$8,367

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

Town median 55.0%
This home · 55.7%

37%80%

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
2511 COLUMBIA AVE2025-02$237,5001,29663.5%
1700 FIFTH ST2025-05$260,0001,28152.0%
1727 SIXTH ST2025-10$410,0001,64644.9%
23 W UPPER FERRY RD2025-03$299,9001,23861.8%
107 SUMMIT AVE2025-02$420,0001,34455.5%
37 CENTRAL AVE E2026-02$226,5001,17672.7%
200 NEW HILLCREST AVE2025-03$255,00095045.5%
10 PERSHING AVE2025-07$311,6001,43064.9%
20 ROCKLAND RD2026-03$240,0001,22092.3%
2302 COLUMBIA AVE2026-03$405,0001,24846.2%
10 LILAC DR2025-02$450,0001,30060.5%
17 VAN DUYN DR2025-05$383,0001,03043.8%

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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 →