The Fair Share Report

333 Masterson Ct

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

≈ $366,361

Likely range $332,932 – $384,350, 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 $366,361 home should be assessed near $231,540.

Step 3 · Assessed value

$200,600

Set at the last town-wide revaluation and mostly frozen since. That's $30,940 below what the ratio math suggests (13.4%).

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

$8,126/yr
Public schools$4,213
Mercer County$1,793
Town of Ewing$2,120
Ewing average$8,367

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

Town median 55.0%
This home · 54.8%

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
30 POLAND ST2025-07$480,0001,66648.8%
634 TIMBERLAKE DR2025-08$335,0001,63163.3%
414 TIMBERLAKE DR2025-08$325,0001,63165.8%
426 TIMBERLAKE DR2025-03$327,0001,63165.4%
224 TIMBERLAKE DR2025-01$300,0001,63170.7%
834 TIMBERLAKE DR2024-12$309,0001,63169.3%
4 BLOSSOM DR2026-03$540,0001,82447.8%
2 COVENTRY SQ2025-03$310,0001,70279.4%
18 HASTINGS CT2025-04$335,0001,67253.9%
2 LEICESTER LN2025-09$382,0001,70255.3%
622 MASTERSON CT2026-02$325,0001,48448.5%
127 MASTERSON CT2025-10$330,0001,48447.6%

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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 →