The Fair Share Report
2 Cambridge Dr
Ewing, NJ 08016
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 $336,424 – $409,017, 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 $353,872 home should be assessed near $223,647.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $35,747 below what the ratio math suggests (16.0%).
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
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 10 LEICESTER LN | 2025-01 | $390,000 | 1,668 | 48.4% |
| 2 CROCKETT LN | 2025-08 | $380,000 | 1,375 | 63.5% |
| 23 PILGRIM CT | 2025-01 | $385,000 | 1,364 | 57.4% |
| 21 PIONEER CT | 2026-04 | $331,000 | 1,375 | 72.7% |
| 22 PIONEER CT | 2025-09 | $370,000 | 1,375 | 64.7% |
| 813 LILY LN | 2025-05 | $360,000 | 1,432 | 50.1% |
| 2 LEICESTER LN | 2025-09 | $382,000 | 1,702 | 55.3% |
| 2 COVENTRY SQ | 2025-03 | $310,000 | 1,702 | 79.4% |
| 14 REVERE CT | 2026-01 | $385,000 | 1,645 | 61.0% |
| 828 LILY LN | 2025-01 | $322,000 | 1,432 | 55.6% |
| 22 CROCKETT LN | 2026-05 | $415,000 | 1,695 | 55.0% |
| 816 LILY LN | 2025-02 | $363,000 | 1,373 | 49.0% |
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