The Fair Share Report
3 Pingree Ct
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $230,048 – $346,947, from 12 comparable Ewing sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Ewing assessments sit below market value — republished every October, applied town-wide. A $291,664 home should be assessed near $184,332.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $40,732 below what the ratio math suggests (22.1%).
Step 4 · The tax rate — same for every Ewing home
$2.100 Schools · 52% $0.894 County · 22% $1.057 Town · 26%
Step 5 · The bill
This home vs. every recent Ewing sale · assessed ÷ market
36%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1625 SIXTH ST | 2025-10 | $250,000 | 1,215 | 47.4% |
| 1 SUSSEX ST | 2025-01 | $300,000 | 1,222 | 68.7% |
| 226 DRYDEN AVE | 2026-02 | $165,000 | 1,254 | 56.2% |
| 186 UPLAND AVE | 2026-02 | $339,900 | 1,212 | 46.8% |
| 1700 FIFTH ST | 2025-05 | $260,000 | 1,281 | 52.0% |
| 23 W UPPER FERRY RD | 2025-03 | $299,900 | 1,238 | 61.8% |
| 429 GREENWAY AVE | 2025-07 | $347,500 | 1,266 | 45.4% |
| 1637 PENNINGTON RD | 2025-10 | $430,000 | 1,106 | 50.0% |
| 1003 TERRACE BLVD | 2025-01 | $242,000 | 1,212 | 79.6% |
| 91 GROVELAND AVE | 2026-04 | $60,000 | 1,100 | 90.2% |
| 641 CONCORD CIR | 2025-06 | $380,000 | 1,320 | 55.9% |
| 33 PENNWOOD DR | 2025-07 | $385,000 | 1,178 | 41.9% |
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