The Fair Share Report

3 Pershing Ave

Ewing, NJ 08618

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

≈ $426,671

Likely range $381,066 – $473,266, 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 $426,671 home should be assessed near $269,656.

Step 3 · Assessed value

$226,300

Set at the last town-wide revaluation and mostly frozen since. That's $43,356 below what the ratio math suggests (16.1%).

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

$9,167/yr
Public schools$4,752
Mercer County$2,023
Town of Ewing$2,392
Ewing average$8,367

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

Town median 55.0%
This home · 53.0%

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
30 UPPER FERRY RD2026-04$495,0001,61651.4%
182 W UPPER FERRY RD2025-05$320,0001,72272.3%
644 CONCORD CIR2025-12$425,0001,50349.5%
605 CONCORD AVE2025-11$450,0001,73661.7%
145 PALMER LN2025-08$455,0001,65047.1%
438 EWINGVILLE RD2026-03$399,9991,72962.1%
321 WYNNEWOOD RD2025-06$330,0001,68358.1%
726 RIVER RD2025-03$399,0001,57566.4%
77 WOODLAND AVE2025-10$349,9991,48253.4%
4 WESTWOOD DR2025-11$510,0001,70053.6%
14 FARM RD2025-09$450,0001,63257.2%
10 OREGON AVE2025-08$387,0001,52054.4%

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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 →