The Fair Share Report

22 Stoneham Rd

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

≈ $709,034

Likely range $560,126 – $840,230, 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 $709,034 home should be assessed near $448,109.

Step 3 · Assessed value

$459,700

Set at the last town-wide revaluation and mostly frozen since. That's $11,591 above what the ratio math suggests (2.6%).

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

$19,838/yr
Public schools$10,284
Mercer County$4,378
Town of Ewing$5,176
Ewing average$8,367

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

Town median 55.0%
This home · 64.8%

39%88%

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
41 STONEHAM RD2025-04$710,0002,51364.5%
551 HINCKLE AVE2025-01$625,0002,85661.8%
3 SEVEN OAKS LN2025-12$550,0002,59964.3%
2 WOODFERN AVE2025-09$730,0003,27653.6%
16 FRAN AVE2025-05$698,0002,66963.8%
11 SPRINGMEADOW DR2025-11$575,0002,27749.8%
27 BLOSSOM DR2026-04$570,0002,24258.0%
29 SUNDEW DR2025-02$500,0002,19258.2%
1218 LOWER FERRY RD2025-07$455,0003,03261.7%
1657-59 PENNINGTON RD2025-09$564,0003,80358.9%
20 BERNARD DR2025-10$480,0002,75972.2%
15 DUFFIELD DR2025-10$540,0002,99056.6%

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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 →