The Fair Share Report
3 Wallace 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $379,358 – $460,784, from 12 comparable Ewing sales in the past 18 months, at this home's 1,581 sq ft.
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 $421,126 home should be assessed near $266,152.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $93,052 below what the ratio math suggests (35.0%).
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
32%78%
Keep quiet and enjoy it
This home's assessment ratio sits below the Ewing pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 212 NANCY LN | 2025-07 | $515,212 | 1,573 | 44.6% |
| 36 THURSTON AVE | 2025-07 | $455,000 | 1,611 | 58.0% |
| 145 PALMER LN | 2025-08 | $455,000 | 1,650 | 47.1% |
| 991 TERRACE BLVD | 2026-02 | $375,000 | 1,536 | 48.9% |
| 132 ROBBINS AVE | 2025-03 | $370,000 | 1,542 | 67.8% |
| 30 CHELMSFORD CT | 2026-01 | $400,000 | 1,602 | 47.9% |
| 10 GLEN MAWR DR | 2025-11 | $425,000 | 1,457 | 55.4% |
| 51 VAN DUYN DR | 2026-04 | $415,000 | 1,558 | 55.0% |
| 2 MCCARTHY DR | 2025-10 | $250,000 | 1,584 | 83.0% |
| 321 WYNNEWOOD RD | 2025-06 | $330,000 | 1,683 | 58.1% |
| 10 OREGON AVE | 2025-08 | $387,000 | 1,520 | 54.4% |
| 120 SUSSEX ST | 2026-01 | $200,000 | 1,645 | 61.2% |
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