The Fair Share Report

24 Garth Ave

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

≈ $375,381

Likely range $240,605 – $411,408, 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 $375,381 home should be assessed near $237,241.

Step 3 · Assessed value

$173,100

Set at the last town-wide revaluation and mostly frozen since. That's $64,141 below what the ratio math suggests (27.0%).

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

$7,012/yr
Public schools$3,635
Mercer County$1,548
Town of Ewing$1,830
Ewing average$8,367

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

Town median 55.0%
This home · 46.1%

37%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
91 PENNWOOD DR2025-08$210,0001,47177.8%
4 NEW HILLCREST AVE2026-03$385,0001,52136.5%
5 WHITE BEECH CT2025-07$435,0001,39653.0%
14 KING AVE2025-12$290,0001,37854.0%
42 HAZELHURST AVE2025-10$245,5001,56062.6%
35 ROSEDALE AVE2026-04$425,0001,52134.0%
208 HAZELHURST AVE2025-03$350,0001,39344.5%
30 MILLARD TER2025-03$240,0001,352100.4%
25 KINNEY DR2025-03$362,0001,42459.1%
11 KERN AVE2025-04$309,9001,46453.3%
4 HEATHER DR2024-12$450,0001,54454.0%
51 VAN DUYN DR2026-04$415,0001,55855.0%

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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 →