The Fair Share Report

25 Main Blvd

Ewing, NJ 07069

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

≈ $383,005

Likely range $351,374 – $434,885, 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 $383,005 home should be assessed near $242,059.

Step 3 · Assessed value

$185,300

Set at the last town-wide revaluation and mostly frozen since. That's $56,759 below what the ratio math suggests (23.4%).

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%

This home's own bill implies $3.916 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$7,257/yr
Public schools$3,762
Mercer County$1,601
Town of Ewing$1,893
Ewing average$8,367

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

Town median 55.0%
This home · 48.4%

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
318 SUTHERLAND RD2025-08$377,5001,44066.9%
503 EWINGVILLE RD2025-01$369,9001,45852.0%
10 OREGON AVE2025-08$387,0001,52054.4%
1840 PENNINGTON RD2025-09$285,0001,42171.2%
844 LOWER FERRY RD2025-06$350,0001,38644.4%
2 DORSET DR2025-06$280,0001,36864.1%
10 GLEN MAWR DR2025-11$425,0001,45755.4%
38 RUNNING BROOK RD W2025-12$565,0001,36240.7%
19 HARDWICK DR2025-11$395,0001,44255.2%
991 TERRACE BLVD2026-02$375,0001,53648.9%
36 THURSTON AVE2025-07$455,0001,61158.0%
212 NANCY LN2025-07$515,2121,57344.6%

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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 →