The Fair Share Report
15 Central Ave E
Ewing, NJ 07927
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $258,292 – $425,316, from 12 comparable Ewing sales in the past 18 months (home size estimated from assessor data — range widened).
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 $370,000 home should be assessed near $233,840.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $9,260 above what the ratio math suggests (4.0%).
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%100%
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 |
|---|---|---|---|---|
| 37 VAN DUYN DR | 2026-03 | $410,000 | 1,951 | 51.2% |
| 585 PARKWAY AVE | 2025-05 | $350,000 | 2,067 | 76.3% |
| 1583 PENNINGTON RD | 2026-01 | $385,000 | 2,032 | 46.3% |
| 260 WEBER AVE | 2025-08 | $196,000 | 1,615 | 66.3% |
| 415 SUTHERLAND RD | 2025-11 | $428,000 | 1,965 | 51.7% |
| 415 BEECHWOOD AVE | 2025-02 | $301,000 | 2,075 | 56.5% |
| 325 CONCORD AVE | 2025-08 | $381,174 | 1,680 | 65.7% |
| 2046 PENNINGTON RD | 2025-04 | $465,000 | 1,934 | 52.6% |
| 17 ACTON AVE | 2025-10 | $370,000 | 1,910 | 51.4% |
| 1740 PROSPECT ST | 2025-04 | $380,000 | 1,680 | 42.5% |
| 244 PARKWAY AVE | 2025-06 | $220,000 | 1,738 | 63.9% |
| 131 HOMECREST AVE | 2025-07 | $200,000 | 1,624 | 72.2% |
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