The Fair Share Report

17 Pershing Ave

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

≈ $392,347

Likely range $336,090 – $451,460, from 12 comparable Ewing sales in the past 18 months, at this home's 1,541 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 $392,347 home should be assessed near $247,963.

Step 3 · Assessed value

$206,500

Set at the last town-wide revaluation and mostly frozen since. That's $41,463 below what the ratio math suggests (16.7%).

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

$8,365/yr
Public schools$4,337
Mercer County$1,846
Town of Ewing$2,183
Ewing average$8,367

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

Town median 55.0%
This home · 52.6%

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
768 PARKWAY AVE2026-05$335,0001,53639.3%
644 CONCORD CIR2025-12$425,0001,50349.5%
30 UPPER FERRY RD2026-04$495,0001,61651.4%
535 LAFAYETTE AVE2025-02$395,0001,50850.2%
991 TERRACE BLVD2026-02$375,0001,53648.9%
726 RIVER RD2025-03$399,0001,57566.4%
10 OREGON AVE2025-08$387,0001,52054.4%
132 ROBBINS AVE2025-03$370,0001,54267.8%
7 PERSHING AVE2025-12$404,0001,37966.8%
257 HOMECREST AVE2025-07$205,0001,60970.2%
11 KERN AVE2025-04$309,9001,46453.3%
605 CONCORD AVE2025-11$450,0001,73661.7%

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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 →