The Fair Share Report

220 Pingree Ave

Ewing, NJ 08618

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

≈ $377,678

Likely range $301,659 – $442,841, 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 $377,678 home should be assessed near $238,692.

Step 3 · Assessed value

$208,200

Set at the last town-wide revaluation and mostly frozen since. That's $30,492 below what the ratio math suggests (12.8%).

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

$8,434/yr
Public schools$4,372
Mercer County$1,861
Town of Ewing$2,201
Ewing average$8,367

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

Town median 55.0%
This home · 55.1%

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
768 PARKWAY AVE2026-05$335,0001,53639.3%
535 LAFAYETTE AVE2025-02$395,0001,50850.2%
132 ROBBINS AVE2025-03$370,0001,54267.8%
7 PERSHING AVE2025-12$404,0001,37966.8%
25 KINNEY DR2025-03$362,0001,42459.1%
123 BUTTONWOOD DR2025-04$370,0001,39249.8%
3 WALLACE AVE2025-12$325,0001,58153.3%
106 RUTLEDGE AVE2025-07$235,0001,40267.0%
51 FARRELL AVE2026-02$344,0001,72258.6%
91 PENNWOOD DR2025-08$210,0001,47177.8%
56 SHELBURNE DR2026-02$455,0001,63451.5%
2 MCCARTHY DR2025-10$250,0001,58483.0%

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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 →