The Fair Share Report

320 Hazel 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

≈ $249,763

Likely range $166,332 – $294,608, 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 $249,763 home should be assessed near $157,850.

Step 3 · Assessed value

$80,800

Set at the last town-wide revaluation and mostly frozen since. That's $77,050 below what the ratio math suggests (48.8%).

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

$3,273/yr
Public schools$1,697
Mercer County$722
Town of Ewing$854
Ewing average$8,367

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

Town median 55.0%
This home · 32.4%

22%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)

AddressSoldPriceSq ftRatio
220 HOMECREST AVE2025-09$270,00097140.0%
25 PRESTON AVE2026-05$325,0001,05648.6%
165 HOMECREST AVE2025-02$282,0001,12543.2%
48 HOMESTEAD AVE2026-02$270,0001,05474.6%
35 WOODLAND AVE2025-05$165,00089276.5%
270 HOMECREST AVE2025-04$160,0001,22770.9%
1601 NINTH ST2025-03$310,0001,02434.0%
901 PARKWAY AVE2025-10$275,00093454.8%
226 DRYDEN AVE2026-02$165,0001,25456.2%
1625 FIFTH ST2025-07$152,50097668.7%
17 HILLMAN AVE2026-03$245,00080640.0%
21 CLOVER AVE2025-11$172,0001,20068.6%

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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 →