The Fair Share Report
23 Lanning St
Ewing, NJ 08610
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
This home's payments are about right
It sits inside Ewing's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $269,508 – $384,539, from 12 comparable Ewing sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Ewing assessments sit below market value — republished every October, applied town-wide. A $348,990 home should be assessed near $220,562.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $47,962 below what the ratio math suggests (21.7%).
Step 4 · The tax rate — same for every Ewing home
$2.100 Schools · 52% $0.894 County · 22% $1.057 Town · 26%
This home's own bill implies $3.906 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Ewing sale · assessed ÷ market
39%78%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 844 LOWER FERRY RD | 2025-06 | $350,000 | 1,386 | 44.4% |
| 117 BROWNING AVE | 2025-12 | $290,101 | 1,344 | 61.6% |
| 2 DORSET DR | 2025-06 | $280,000 | 1,368 | 64.1% |
| 1840 PENNINGTON RD | 2025-09 | $285,000 | 1,421 | 71.2% |
| 991 TERRACE BLVD | 2026-02 | $375,000 | 1,536 | 48.9% |
| 10 GLEN MAWR DR | 2025-11 | $425,000 | 1,457 | 55.4% |
| 503 EWINGVILLE RD | 2025-01 | $369,900 | 1,458 | 52.0% |
| 107 SUMMIT AVE | 2025-02 | $420,000 | 1,344 | 55.5% |
| 99 PENNWOOD DR | 2025-03 | $170,000 | 1,250 | 101.9% |
| 10 OREGON AVE | 2025-08 | $387,000 | 1,520 | 54.4% |
| 106 RUTLEDGE AVE | 2025-07 | $235,000 | 1,402 | 67.0% |
| 123 BUTTONWOOD DR | 2025-04 | $370,000 | 1,392 | 49.8% |
Is this your house?
Run your own report →