The Fair Share Report

132 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

≈ $392,745

Likely range $357,914 – $438,935, 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 $392,745 home should be assessed near $248,215.

Step 3 · Assessed value

$242,300

Set at the last town-wide revaluation and mostly frozen since. That's $5,915 below what the ratio math suggests (2.4%).

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

$9,816/yr
Public schools$5,088
Mercer County$2,166
Town of Ewing$2,561
Ewing average$8,367

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

Town median 55.0%
This home · 61.7%

39%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
1727 SIXTH ST2025-10$410,0001,64644.9%
124 NEW HILLCREST AVE2026-05$369,0001,73138.0%
325 CONCORD AVE2025-08$381,1741,68065.7%
605 CONCORD AVE2025-11$450,0001,73661.7%
52 COLLEEN CIR2026-02$475,0001,76954.5%
31 POLAND ST2025-09$450,0001,68463.9%
260 WEBER AVE2025-08$196,0001,61566.3%
4 DAVID DR2026-04$375,0001,73155.6%
30 POLAND ST2025-07$480,0001,66648.8%
37 VAN DUYN DR2026-03$410,0001,95151.2%
2046 PENNINGTON RD2025-04$465,0001,93452.6%
438 EWINGVILLE RD2026-03$399,9991,72962.1%

Is this your house?

Run your own report →

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 →