The Fair Share Report

19 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

≈ $622,388

Likely range $485,313 – $683,769, from 12 comparable Ewing sales in the past 18 months, at this home's 3,234 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 $622,388 home should be assessed near $393,349.

Step 3 · Assessed value

$345,500

Set at the last town-wide revaluation and mostly frozen since. That's $47,849 below what the ratio math suggests (12.2%).

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

$13,996/yr
Public schools$7,256
Mercer County$3,089
Town of Ewing$3,652
Ewing average$8,367

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

Town median 55.0%
This home · 55.5%

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
2 WOODFERN AVE2025-09$730,0003,27653.6%
1218 LOWER FERRY RD2025-07$455,0003,03261.7%
1657-59 PENNINGTON RD2025-09$564,0003,80358.9%
34 LOPATCONG DR2026-05$515,0002,67652.6%
194 WOODLAND AVE2026-05$325,0002,52264.7%
194 WOODLAND AVE2025-11$305,0012,52268.9%
722 RIVER RD2025-11$580,0003,20965.3%
6 HICKORY HILL DR2025-10$454,8182,52660.4%
20 BERNARD DR2025-10$480,0002,75972.2%
310 PINGREE AVE2026-01$412,0002,11967.7%
27 FARM RD2025-06$672,0272,59256.2%
4 BITTERSWEET RD2025-10$455,0002,15266.0%

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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 →