The Fair Share Report

3 Stamy Dr

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

≈ $319,401

Likely range $284,061 – $327,977, 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 $319,401 home should be assessed near $201,861.

Step 3 · Assessed value

$150,500

Set at the last town-wide revaluation and mostly frozen since. That's $51,361 below what the ratio math suggests (25.4%).

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

$6,097/yr
Public schools$3,161
Mercer County$1,345
Town of Ewing$1,591
Ewing average$8,367

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

Town median 55.0%
This home · 47.1%

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
18 KYLE WAY2026-05$280,0001,29155.9%
97 KYLE WAY2025-12$290,0001,29156.2%
96 KYLE WAY2025-12$297,0001,29154.8%
112 KYLE WAY2025-11$320,0001,29149.9%
72 KYLE WAY2025-10$310,0001,29150.5%
110 KYLE WAY2025-03$320,0001,29148.6%
86 KYLE WAY2025-03$330,0001,29152.7%
24 KYLE WAY2025-01$310,0001,29159.6%
860 LOWER FERRY RD #2-K2026-04$130,0001,27638.3%
860 LOWER FERRY RD #5-F2025-04$150,0001,27632.9%
813 LILY LN2025-05$360,0001,43250.1%
76 KYLE WAY2025-12$320,0001,25347.5%

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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 →