The Fair Share Report

24 Cambridge Dr

Ewing, NJ 08628

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

≈ $354,380

Likely range $307,965 – $392,224, 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 $354,380 home should be assessed near $223,968.

Step 3 · Assessed value

$196,700

Set at the last town-wide revaluation and mostly frozen since. That's $27,268 below what the ratio math suggests (12.2%).

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

$7,968/yr
Public schools$4,131
Mercer County$1,758
Town of Ewing$2,079
Ewing average$8,367

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

Town median 55.0%
This home · 55.5%

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
14 REVERE CT2026-01$385,0001,64561.0%
22 CROCKETT LN2026-05$415,0001,69555.0%
10 LEICESTER LN2025-01$390,0001,66848.4%
2 LEICESTER LN2025-09$382,0001,70255.3%
11 CROMWELL CT2025-01$342,0001,68451.2%
18 HASTINGS CT2025-04$335,0001,67253.9%
2 COVENTRY SQ2025-03$310,0001,70279.4%
2 CROCKETT LN2025-08$380,0001,37563.5%
15 LEICESTER LN2026-04$340,0001,83757.1%
4 LEICESTER LN2025-10$385,0001,83751.7%
8 BOLEYN CT2025-09$340,0001,83755.7%
23 PILGRIM CT2025-01$385,0001,36457.4%

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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 →