The Fair Share Report

22 Devon Ave

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

≈ $355,667

Likely range $318,791 – $400,302, from 12 comparable Ewing sales in the past 18 months, at this home's 1,506 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 $355,667 home should be assessed near $224,782.

Step 3 · Assessed value

$176,000

Set at the last town-wide revaluation and mostly frozen since. That's $48,782 below what the ratio math suggests (21.7%).

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

$7,130/yr
Public schools$3,696
Mercer County$1,573
Town of Ewing$1,860
Ewing average$8,367

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

Town median 55.0%
This home · 49.5%

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
325 CONCORD AVE2025-08$381,1741,68065.7%
768 PARKWAY AVE2026-05$335,0001,53639.3%
10 PERSHING AVE2025-07$311,6001,43064.9%
535 LAFAYETTE AVE2025-02$395,0001,50850.2%
77 WOODLAND AVE2025-10$349,9991,48253.4%
2511 COLUMBIA AVE2025-02$237,5001,29663.5%
7 PERSHING AVE2025-12$404,0001,37966.8%
11 KERN AVE2025-04$309,9001,46453.3%
107 SUMMIT AVE2025-02$420,0001,34455.5%
132 ROBBINS AVE2025-03$370,0001,54267.8%
10 GLEN MAWR DR2025-11$425,0001,45755.4%
260 WEBER AVE2025-08$196,0001,61566.3%

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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 →