The Fair Share Report
1718 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 $368,776 – $507,303, from 12 comparable Ewing sales in the past 18 months, at this home's 2,023 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 $425,131 home should be assessed near $268,683.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $85,283 below what the ratio math suggests (31.7%).
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
31%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 |
|---|---|---|---|---|
| 37 VAN DUYN DR | 2026-03 | $410,000 | 1,951 | 51.2% |
| 2046 PENNINGTON RD | 2025-04 | $465,000 | 1,934 | 52.6% |
| 63 CARLTON AVE | 2025-07 | $350,000 | 1,920 | 62.0% |
| 1419 PENNINGTON RD | 2026-01 | $352,000 | 2,326 | 72.2% |
| 202 W UPPER FERRY RD | 2025-11 | $360,000 | 1,826 | 67.0% |
| 844 RIVER RD | 2025-02 | $489,000 | 1,843 | 59.9% |
| 19 DIANE DR | 2025-07 | $530,000 | 2,058 | 50.1% |
| 7 SOMMERS RD | 2025-10 | $402,600 | 2,036 | 68.1% |
| 113 UPPER FERRY RD | 2025-06 | $490,000 | 1,954 | 69.2% |
| 1583 PENNINGTON RD | 2026-01 | $385,000 | 2,032 | 46.3% |
| 14 CENTRAL AVE E | 2025-07 | $385,000 | 2,538 | 60.9% |
| 24 FEDERAL CITY RD | 2025-12 | $445,000 | 1,870 | 50.1% |
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