The Fair Share Report
31 Downing Rd
Ewing, NJ 08628
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 $286,460 – $409,552, 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 $336,801 home should be assessed near $212,858.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $72,258 below what the ratio math suggests (33.9%).
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
29%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 |
|---|---|---|---|---|
| 13 DECOU AVE | 2026-05 | $320,000 | 1,116 | 54.4% |
| 21 DECOU AVE | 2025-12 | $420,000 | 1,116 | 44.6% |
| 42 RUNNING BROOK RD W | 2026-04 | $450,000 | 1,144 | 46.4% |
| 24 GLEN STEWART DR | 2026-04 | $290,000 | 1,120 | 64.9% |
| 9 WESTON RD | 2026-05 | $382,000 | 1,152 | 37.3% |
| 16 SHELBURNE DR | 2025-04 | $180,000 | 1,118 | 88.0% |
| 1075 FIRESIDE AVE | 2025-08 | $320,000 | 1,116 | 74.6% |
| 115 STRATFORD AVE | 2026-01 | $295,000 | 1,116 | 51.3% |
| 5 SHELBURNE DR | 2025-09 | $390,000 | 1,118 | 43.7% |
| 15 KILMER DR | 2025-10 | $351,000 | 1,166 | 53.7% |
| 32 SHERBROOKE RD | 2025-07 | $430,000 | 1,166 | 46.4% |
| 16 BLUE GRASS DR | 2025-06 | $380,000 | 1,144 | 53.0% |
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