The Fair Share Report
2 Coventry Sq
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $325,439 – $382,000, from 12 comparable Ewing sales in the past 18 months, at this home's 1,702 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 $356,707 home should be assessed near $225,439.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $20,661 above what the ratio math suggests (9.2%).
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%81%
A touch high — worth watching
This home's ratio sits above most of Ewing, but doesn't clear NJ's legal appeal line (72.68%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 2 LEICESTER LN | 2025-09 | $382,000 | 1,702 | 55.3% |
| 10 LEICESTER LN | 2025-01 | $390,000 | 1,668 | 48.4% |
| 22 CROCKETT LN | 2026-05 | $415,000 | 1,695 | 55.0% |
| 18 HASTINGS CT | 2025-04 | $335,000 | 1,672 | 53.9% |
| 3 COVENTRY SQ | 2025-02 | $380,000 | 1,837 | 51.1% |
| 14 REVERE CT | 2026-01 | $385,000 | 1,645 | 61.0% |
| 15 LEICESTER LN | 2026-04 | $340,000 | 1,837 | 57.1% |
| 4 LEICESTER LN | 2025-10 | $385,000 | 1,837 | 51.7% |
| 11 CROMWELL CT | 2025-01 | $342,000 | 1,684 | 51.2% |
| 8 BOLEYN CT | 2025-09 | $340,000 | 1,837 | 55.7% |
| 8 BECKETT CT | 2026-04 | $350,000 | 1,837 | 62.3% |
| 24 JACOB CT | 2026-05 | $390,000 | 1,752 | 52.7% |
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