The Fair Share Report

27 Riverview 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.

Step 1 · Market value

≈ $485,000

Likely range $465,000 – $585,000, from 12 comparable Ewing sales in the past 18 months.

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 $485,000 home should be assessed near $306,520.

Step 3 · Assessed value

$80,100

Set at the last town-wide revaluation and mostly frozen since. That's $226,420 below what the ratio math suggests (73.9%).

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

$3,245/yr
Public schools$1,682
Mercer County$716
Town of Ewing$847
Ewing average$8,367

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

Town median 55.0%
This home · 16.5%

8%78%

Keep quiet and enjoy it

This home's assessment ratio sits below the Ewing pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
2264 PENNINGTON RD2025-09$470,0002,31675.2%
59 MISTY MORN LN2025-04$470,0001,70066.0%
2 BYWOOD LN2025-01$465,0002,52466.0%
59 WILLIS DR2025-08$590,0003,00060.3%
954 BEAR TAVERN RD2025-05$450,0001,82053.7%
19 METEKUNK DR2025-08$575,0001,92953.3%
722 RIVER RD2025-11$580,0003,20965.3%
63 CARLTON AVE2025-07$350,0001,92062.0%
844 RIVER RD2025-02$489,0001,84359.9%
61 WILLIS DR2026-03$620,0002,95458.7%
12 MONTAGUE AVE2025-11$560,0001,97151.5%
980 BEAR TAVERN RD2026-03$596,0002,37849.3%

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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 →