The Fair Share Report

16 Matthew Dr

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

≈ $392,502

Likely range $346,181 – $433,234, 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 $392,502 home should be assessed near $248,061.

Step 3 · Assessed value

$196,500

Set at the last town-wide revaluation and mostly frozen since. That's $51,561 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%

This home's own bill implies $3.924 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$7,710/yr
Public schools$3,997
Mercer County$1,702
Town of Ewing$2,012
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
221 HAZELHURST AVE2025-11$410,0001,50038.7%
18 JACOB CT2026-01$410,0001,77850.6%
35 ROSEDALE AVE2026-04$425,0001,52134.0%
6 HOLIDAY CT2026-01$390,0001,50246.2%
282 WEBER AVENUE2025-06$420,0001,51241.2%
813 LILY LN2025-05$360,0001,43250.1%
15 LILAC DR2025-04$460,0001,62355.5%
42 HAZELHURST AVE2025-10$245,5001,56062.6%
10 HOLIDAY CT2025-08$380,0001,50247.8%
4 NEW HILLCREST AVE2026-03$385,0001,52136.5%
4 HEATHER DR2024-12$450,0001,54454.0%
51 VAN DUYN DR2026-04$415,0001,55855.0%

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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 →