The Fair Share Report

25 Hazelhurst Ave

Ewing, NJ 08022

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

≈ $247,463

Likely range $151,284 – $275,236, 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 $247,463 home should be assessed near $156,397.

Step 3 · Assessed value

$108,000

Set at the last town-wide revaluation and mostly frozen since. That's $48,397 below what the ratio math suggests (30.9%).

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

$4,375/yr
Public schools$2,268
Mercer County$966
Town of Ewing$1,142
Ewing average$8,367

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

Town median 55.0%
This home · 43.6%

34%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
220 HOMECREST AVE2025-09$270,00097140.0%
48 HOMESTEAD AVE2026-02$270,0001,05474.6%
165 HOMECREST AVE2025-02$282,0001,12543.2%
25 PRESTON AVE2026-05$325,0001,05648.6%
270 HOMECREST AVE2025-04$160,0001,22770.9%
21 CLOVER AVE2025-11$172,0001,20068.6%
200 NEW HILLCREST AVE2025-03$255,00095045.5%
35 WOODLAND AVE2025-05$165,00089276.5%
1601 NINTH ST2025-03$310,0001,02434.0%
318 BEECHWOOD AVE2026-05$265,0001,33337.8%
226 DRYDEN AVE2026-02$165,0001,25456.2%
229 NEW TRENT ST2025-05$130,00099052.7%

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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 →