The Fair Share Report

31 Broad 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

≈ $396,856

Likely range $362,609 – $484,432, 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 $396,856 home should be assessed near $250,813.

Step 3 · Assessed value

$223,700

Set at the last town-wide revaluation and mostly frozen since. That's $27,113 below what the ratio math suggests (10.8%).

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

$9,062/yr
Public schools$4,698
Mercer County$2,000
Town of Ewing$2,365
Ewing average$8,367

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

Town median 55.0%
This home · 56.4%

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
42 WILLIS DR2025-03$474,9001,74067.8%
4 DAVID DR2026-04$375,0001,73155.6%
59 MISTY MORN LN2025-04$470,0001,70066.0%
52 COLLEEN CIR2026-02$475,0001,76954.5%
112 MOUNTAIN VIEW RD2026-05$505,0001,81650.3%
6 MICHELLE CT2026-02$465,0001,61260.1%
6 REBECCA CT2026-05$375,0001,75252.5%
42 REBECCA CT2025-07$335,0001,75250.8%
79 OREGON AVE2025-03$358,0001,72454.0%
31 POLAND ST2025-09$450,0001,68463.9%
1 BETH ANN WAY2026-03$450,0001,82059.0%
24 JACOB CT2026-05$390,0001,75252.7%

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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 →