The Fair Share Report

325 Sutherland Rd

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

≈ $367,291

Likely range $204,063 – $396,782, 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 $367,291 home should be assessed near $232,128.

Step 3 · Assessed value

$190,700

Set at the last town-wide revaluation and mostly frozen since. That's $41,428 below what the ratio math suggests (17.8%).

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

$7,725/yr
Public schools$4,005
Mercer County$1,705
Town of Ewing$2,016
Ewing average$8,367

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

Town median 55.0%
This home · 51.9%

39%99%

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
91 PENNWOOD DR2025-08$210,0001,47177.8%
4 HEATHER DR2024-12$450,0001,54454.0%
7 PENN CT2025-06$337,5001,30854.6%
51 VAN DUYN DR2026-04$415,0001,55855.0%
30 CHELMSFORD CT2026-01$400,0001,60247.9%
4 NEW HILLCREST AVE2026-03$385,0001,52136.5%
99 PENNWOOD DR2025-03$170,0001,250101.9%
5 WHITE BEECH CT2025-07$435,0001,39653.0%
14 KING AVE2025-12$290,0001,37854.0%
1003 TERRACE BLVD2025-01$242,0001,21279.6%
42 HAZELHURST AVE2025-10$245,5001,56062.6%
208 HAZELHURST AVE2025-03$350,0001,39344.5%

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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 →