The Fair Share Report

265 Brookside Ave

Ewing, NJ 08638

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

≈ $318,476

Likely range $192,008 – $345,576, 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 $318,476 home should be assessed near $201,277.

Step 3 · Assessed value

$137,100

Set at the last town-wide revaluation and mostly frozen since. That's $64,177 below what the ratio math suggests (31.9%).

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

$5,554/yr
Public schools$2,879
Mercer County$1,226
Town of Ewing$1,449
Ewing average$8,367

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

Town median 55.0%
This home · 43.0%

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
15 KILMER DR2025-10$351,0001,16653.7%
32 SHERBROOKE RD2025-07$430,0001,16646.4%
18 DIXFIELD AVE2025-10$180,0001,26990.1%
1003 TERRACE BLVD2025-01$242,0001,21279.6%
201 HAZELHURST AVE2026-05$208,0001,18665.7%
53 FARRELL AVE2025-01$330,0001,26046.4%
140 CRESCENT AVE2026-05$300,0001,20057.6%
16 SHELBURNE DR2025-04$180,0001,11888.0%
161 FRANKLYN RD2026-01$357,9001,30845.9%
99 PENNWOOD DR2025-03$170,0001,250101.9%
186 UPLAND AVE2026-02$339,9001,21246.8%
42 RUNNING BROOK RD W2026-04$450,0001,14446.4%

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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 →