The Fair Share Report

2 Plz Ct

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

≈ $429,859

Likely range $348,395 – $465,447, from 12 comparable Ewing sales in the past 18 months, at this home's 1,744 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 $429,859 home should be assessed near $271,671.

Step 3 · Assessed value

$201,100

Set at the last town-wide revaluation and mostly frozen since. That's $70,571 below what the ratio math suggests (26.0%).

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

$8,147/yr
Public schools$4,223
Mercer County$1,798
Town of Ewing$2,126
Ewing average$8,367

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

Town median 55.0%
This home · 46.8%

38%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
4 WESTWOOD DR2025-11$510,0001,70053.6%
62 ALBEMARLE AVE2025-06$420,0001,70446.5%
136 PALMER LN2025-12$380,0001,78050.5%
20 GILMORE RD2025-06$228,0001,64871.6%
100 CARNINE AVE2026-05$450,0001,84255.0%
51 FARRELL AVE2026-02$344,0001,72258.6%
2 ROCKLEIGH DR2026-05$450,0001,83657.1%
5 COREY DR2025-12$490,0001,83654.9%
30 CHELMSFORD CT2026-01$400,0001,60247.9%
2 VAN SAUN DR2026-01$520,0001,83652.2%
17 ACTON AVE2025-10$370,0001,91051.4%
56 SHELBURNE DR2026-02$455,0001,63451.5%

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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 →