The Fair Share Report
16 Gloucester Ln
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $478,922 – $533,362, from 12 comparable Ewing sales in the past 18 months, at this home's 1,954 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 $503,217 home should be assessed near $318,033.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $63,033 below what the ratio math suggests (19.8%).
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%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 12 MONTAGUE AVE | 2025-11 | $560,000 | 1,971 | 51.5% |
| 3 BENT TWIG LN | 2026-05 | $450,000 | 1,992 | 52.8% |
| 58 LOCHATONG RD | 2025-01 | $450,000 | 1,956 | 68.8% |
| 2 SPARROW CT | 2026-04 | $535,000 | 1,960 | 60.4% |
| 19 METEKUNK DR | 2025-08 | $575,000 | 1,929 | 53.3% |
| 19 CLIVE CT | 2025-01 | $510,000 | 1,989 | 47.8% |
| 19 DIANE DR | 2025-07 | $530,000 | 2,058 | 50.1% |
| 13 LOPATCONG DR | 2026-01 | $507,500 | 1,890 | 49.2% |
| 6 VAN GOGH CT | 2026-03 | $525,000 | 2,026 | 53.4% |
| 2 VAN SAUN DR | 2026-01 | $520,000 | 1,836 | 52.2% |
| 31 BROPHY DR | 2025-01 | $480,000 | 1,908 | 65.7% |
| 113 UPPER FERRY RD | 2025-06 | $490,000 | 1,954 | 69.2% |
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