The Fair Share Report

2 Primrose Pl

Ewing, NJ 08638

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

≈ $497,856

Likely range $442,399 – $547,425, from 12 comparable Ewing sales in the past 18 months (home size estimated from assessor data — range widened).

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 $497,856 home should be assessed near $314,645.

Step 3 · Assessed value

$300,600

Set at the last town-wide revaluation and mostly frozen since. That's $14,045 below what the ratio math suggests (4.5%).

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

$12,177/yr
Public schools$6,313
Mercer County$2,687
Town of Ewing$3,177
Ewing average$8,367

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

Town median 55.0%
This home · 60.4%

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
533 HINCKLE AVE2024-12$499,9001,97847.2%
19 CLIVE CT2025-01$510,0001,98947.8%
2 SPARROW CT2026-04$535,0001,96060.4%
58 LOCHATONG RD2025-01$450,0001,95668.8%
114 MOUNTAIN VIEW RD2025-05$485,0001,92456.4%
31 BROPHY DR2025-01$480,0001,90865.7%
15 BROPHY DR2026-01$454,5002,05271.6%
19 METEKUNK DR2025-08$575,0001,92953.3%
12 MONTAGUE AVE2025-11$560,0001,97151.5%
3 BENT TWIG LN2026-05$450,0001,99252.8%
121 OREGON AVE2026-03$385,0002,03859.4%
8 MISTY MORN LN2025-12$467,5002,04451.1%

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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 →