The Fair Share Report

3 Springmeadow Dr

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

≈ $565,909

Likely range $501,780 – $646,735, 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 $565,909 home should be assessed near $357,654.

Step 3 · Assessed value

$327,400

Set at the last town-wide revaluation and mostly frozen since. That's $30,254 below what the ratio math suggests (8.5%).

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

$13,263/yr
Public schools$6,875
Mercer County$2,927
Town of Ewing$3,461
Ewing average$8,367

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

Town median 55.0%
This home · 57.9%

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
107 HONEYSUCKLE DR2025-03$535,0002,18858.1%
27 BLOSSOM DR2026-04$570,0002,24258.0%
11 SPRINGMEADOW DR2025-11$575,0002,27749.8%
29 SUNDEW DR2025-02$500,0002,19258.2%
10 BLOSSOM DR2026-01$550,0001,86152.8%
3 SEVEN OAKS LN2025-12$550,0002,59964.3%
9 BLOSSOM DR2026-01$535,0001,86148.9%
12 SANDY LN2025-05$608,0002,23761.0%
15 BARBARA LN2026-03$505,9002,24857.3%
92 LOCHATONG RD2025-08$599,0002,30460.6%
8 MISTY MORN LN2025-12$467,5002,04451.1%
4 BLOSSOM DR2026-03$540,0001,82447.8%

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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 →