The Fair Share Report

24 Patton Dr

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

≈ $371,406

Likely range $285,975 – $406,022, 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 $371,406 home should be assessed near $234,729.

Step 3 · Assessed value

$196,700

Set at the last town-wide revaluation and mostly frozen since. That's $38,029 below what the ratio math suggests (16.2%).

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 · 53.0%

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
10 GLEN MAWR DR2025-11$425,0001,45755.4%
40 HARDWICK DR2025-02$399,0001,43851.3%
25 KINNEY DR2025-03$362,0001,42459.1%
535 LAFAYETTE AVE2025-02$395,0001,50850.2%
9 AUBURN AVE2025-11$405,0001,47671.5%
106 RUTLEDGE AVE2025-07$235,0001,40267.0%
19 HARDWICK DR2025-11$395,0001,44255.2%
132 ROBBINS AVE2025-03$370,0001,54267.8%
123 BUTTONWOOD DR2025-04$370,0001,39249.8%
991 TERRACE BLVD2026-02$375,0001,53648.9%
3 WALLACE AVE2025-12$325,0001,58153.3%
91 PENNWOOD DR2025-08$210,0001,47177.8%

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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 →