The Fair Share Report

2 Carrigg Ave

Ewing, NJ 08628

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

≈ $386,586

Likely range $338,184 – $413,402, from 12 comparable Ewing sales in the past 18 months, at this home's 1,552 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 $386,586 home should be assessed near $244,322.

Step 3 · Assessed value

$85,900

Set at the last town-wide revaluation and mostly frozen since. That's $158,422 below what the ratio math suggests (64.8%).

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%

This home's own bill implies $8.857 per $100 — well off the general rate. That usually means the town revalued since the last bill.

Step 5 · The bill

$7,608/yr
Public schools$3,944
Mercer County$1,679
Town of Ewing$1,985
Ewing average$8,367

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

Town median 55.0%
This home · 22.2%

15%78%

Keep quiet and enjoy it

This home's assessment ratio sits below the Ewing pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
77 WOODLAND AVE2025-10$349,9991,48253.4%
1727 SIXTH ST2025-10$410,0001,64644.9%
10 PERSHING AVE2025-07$311,6001,43064.9%
644 CONCORD CIR2025-12$425,0001,50349.5%
124 NEW HILLCREST AVE2026-05$369,0001,73138.0%
30 UPPER FERRY RD2026-04$495,0001,61651.4%
525 CLEARDALE AVE2026-02$400,0001,54554.0%
37 CENTRAL AVE E2026-02$226,5001,17672.7%
2046 PENNINGTON RD2025-04$465,0001,93452.6%
61 MAIN BLVD2025-09$370,0001,61253.1%
182 W UPPER FERRY RD2025-05$320,0001,72272.3%
10 OREGON AVE2025-08$387,0001,52054.4%

Is this your house?

Run your own report →

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 →