The Fair Share Report
1625 Eighth St
Ewing, NJ 08638
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 $158,006 – $465,844, 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 $355,623 home should be assessed near $224,754.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $45,254 below what the ratio math suggests (20.1%).
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
33%119%
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 |
|---|---|---|---|---|
| 860 LOWER FERRY RD #2-K | 2026-04 | $130,000 | 1,276 | 38.3% |
| 860 LOWER FERRY RD #5-F | 2025-04 | $150,000 | 1,276 | 32.9% |
| 860 LOWER FERRY RD #6-D | 2025-10 | $150,000 | 1,260 | 40.1% |
| 4 HEATHER DR | 2024-12 | $450,000 | 1,544 | 54.0% |
| 51 VAN DUYN DR | 2026-04 | $415,000 | 1,558 | 55.0% |
| 1 HIGHACRES AVE | 2025-10 | $475,000 | 1,493 | 60.2% |
| 935 BEAR TAVERN RD | 2025-05 | $500,000 | 1,434 | 49.9% |
| 30 CHELMSFORD CT | 2026-01 | $400,000 | 1,602 | 47.9% |
| 813 LILY LN | 2025-05 | $360,000 | 1,432 | 50.1% |
| 7 CLIVE CT | 2025-01 | $435,000 | 1,360 | 51.4% |
| 59 MISTY MORN LN | 2025-04 | $470,000 | 1,700 | 66.0% |
| 127 TULIP LN | 2025-05 | $345,000 | 1,364 | 52.3% |
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