The Fair Share Report

2 Stoneham Rd E

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

≈ $346,500

Likely range $242,842 – $365,615, 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 $346,500 home should be assessed near $218,988.

Step 3 · Assessed value

$166,800

Set at the last town-wide revaluation and mostly frozen since. That's $52,188 below what the ratio math suggests (23.8%).

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%

Step 5 · The bill

$6,757/yr
Public schools$3,503
Mercer County$1,491
Town of Ewing$1,763
Ewing average$8,367

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

Town median 55.0%
This home · 48.1%

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
33 SHERBROOKE RD2026-04$325,0001,33663.9%
28 BRATTLE ST2025-03$200,0001,36269.0%
161 FRANKLYN RD2026-01$357,9001,30845.9%
140 CRESCENT AVE2026-05$300,0001,20057.6%
13 DORSET DR2025-07$356,0001,32848.5%
21 DORSET DR2025-04$337,5001,32852.1%
18 DIXFIELD AVE2025-10$180,0001,26990.1%
128 NANCY LN2025-08$450,0001,40446.2%
40 HARDWICK DR2025-02$399,0001,43851.3%
13 BENT TWIG LN2025-04$380,0001,37257.0%
20 ROCKLAND RD2026-03$240,0001,22092.3%
47 SOMERSET ST2025-01$185,0001,339117.7%

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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 →