The Fair Share Report

136 Masterson Ct

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

≈ $330,000

Likely range $313,155 – $345,000, from 12 comparable Ewing sales in the past 18 months, at this home's 1,419 sq ft.

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 $330,000 home should be assessed near $208,560.

Step 3 · Assessed value

$165,200

Set at the last town-wide revaluation and mostly frozen since. That's $43,360 below what the ratio math suggests (20.8%).

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

$6,692/yr
Public schools$3,469
Mercer County$1,477
Town of Ewing$1,746
Ewing average$8,367

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

Town median 55.0%
This home · 50.1%

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
345 MASTERSON CT2026-03$330,0001,41952.0%
435 MASTERSON CT2026-02$299,3001,41955.2%
325 MASTERSON CT2026-01$345,0001,41947.9%
146 MASTERSON CT2025-11$330,0001,41950.1%
614 MASTERSON CT2025-07$315,0001,41952.4%
525 MASTERSON CT2025-07$345,0001,41947.9%
234 MASTERSON CT2025-03$350,0001,41947.2%
10 STEM CT2025-04$362,0001,43250.3%
112 PETAL LN2025-01$372,5001,43249.3%
622 MASTERSON CT2026-02$325,0001,48448.5%
127 MASTERSON CT2025-10$330,0001,48447.6%
517 MASTERSON CT2025-06$327,5001,48448.1%

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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 →