The Fair Share Report

28 Euchner Ln

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

≈ $238,736

Likely range $223,831 – $257,640, 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 $238,736 home should be assessed near $150,881.

Step 3 · Assessed value

$119,100

Set at the last town-wide revaluation and mostly frozen since. That's $31,781 below what the ratio math suggests (21.1%).

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

$4,825/yr
Public schools$2,501
Mercer County$1,065
Town of Ewing$1,259
Ewing average$8,367

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

Town median 55.0%
This home · 49.9%

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
17 VAN DUYN DR2025-05$383,0001,03043.8%
200 NEW HILLCREST AVE2025-03$255,00095045.5%
37 CENTRAL AVE E2026-02$226,5001,17672.7%
335 SILVIA ST2026-04$265,0001,06848.6%
409 SILVIA ST2026-02$257,5001,06851.7%
495 SILVIA ST2025-08$255,0001,06850.5%
349 SILVIA ST2025-06$289,0001,06844.6%
459 SILVIA ST2025-05$275,0001,06846.8%
229 NEW TRENT ST2025-05$130,00099052.7%
115 STRATFORD AVE2026-01$295,0001,11651.3%
220 HOMECREST AVE2025-09$270,00097140.0%
313 MASTERSON CT2026-01$255,0001,08957.0%

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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 →