The Fair Share Report
24 Matthew 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $360,564 – $477,234, 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 $421,972 home should be assessed near $266,686.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $44,786 below what the ratio math suggests (16.8%).
Step 4 · The tax rate — same for every Ewing home
$2.100 Schools · 52% $0.894 County · 22% $1.057 Town · 26%
Step 5 · The bill
This home vs. every recent Ewing sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 18 JACOB CT | 2026-01 | $410,000 | 1,778 | 50.6% |
| 6 REBECCA CT | 2026-05 | $375,000 | 1,752 | 52.5% |
| 15 LILAC DR | 2025-04 | $460,000 | 1,623 | 55.5% |
| 12 JACOB CT | 2025-12 | $210,000 | 1,752 | 95.1% |
| 24 JACOB CT | 2026-05 | $390,000 | 1,752 | 52.7% |
| 42 REBECCA CT | 2025-07 | $335,000 | 1,752 | 50.8% |
| 4 DAVID DR | 2026-04 | $375,000 | 1,731 | 55.6% |
| 62 ALBEMARLE AVE | 2025-06 | $420,000 | 1,704 | 46.5% |
| 221 HAZELHURST AVE | 2025-11 | $410,000 | 1,500 | 38.7% |
| 31 BROPHY DR | 2025-01 | $480,000 | 1,908 | 65.7% |
| 52 COLLEEN CIR | 2026-02 | $475,000 | 1,769 | 54.5% |
| 6 HOLIDAY CT | 2026-01 | $390,000 | 1,502 | 46.2% |
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