The Fair Share Report

36 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.

Step 1 · Market value

≈ $309,677

Likely range $219,237 – $390,292, 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 $309,677 home should be assessed near $195,716.

Step 3 · Assessed value

$130,300

Set at the last town-wide revaluation and mostly frozen since. That's $65,416 below what the ratio math suggests (33.4%).

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

$5,278/yr
Public schools$2,736
Mercer County$1,165
Town of Ewing$1,377
Ewing average$8,367

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

Town median 55.0%
This home · 42.1%

28%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
16 SHELBURNE DR2025-04$180,0001,11888.0%
32 FARRELL AVE2025-11$242,2501,11657.5%
13 DECOU AVE2026-05$320,0001,11654.4%
27 WALTON AVE2026-01$240,0001,11659.7%
1063 TERRACE BLVD2025-06$330,0001,11650.0%
21 DECOU AVE2025-12$420,0001,11644.6%
115 STRATFORD AVE2026-01$295,0001,11651.3%
15 KILMER DR2025-10$351,0001,16653.7%
32 SHERBROOKE RD2025-07$430,0001,16646.4%
6 IOWANA AVE2025-05$285,0001,05652.9%
24 GLEN STEWART DR2026-04$290,0001,12064.9%
42 RUNNING BROOK RD W2026-04$450,0001,14446.4%

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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 →