The Fair Share Report

369 Silvia St

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

≈ $332,860

Likely range $307,167 – $359,908, 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 $332,860 home should be assessed near $210,368.

Step 3 · Assessed value

$132,500

Set at the last town-wide revaluation and mostly frozen since. That's $77,868 below what the ratio math suggests (37.0%).

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

$5,368/yr
Public schools$2,783
Mercer County$1,185
Town of Ewing$1,401
Ewing average$8,367

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

Town median 55.0%
This home · 39.8%

31%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
2302 COLUMBIA AVE2026-03$405,0001,24846.2%
1733 FIFTH ST2025-03$255,0001,31459.9%
17 PILGRIM CT2025-08$349,0001,36465.1%
23 PILGRIM CT2025-01$385,0001,36457.4%
2 CROCKETT LN2025-08$380,0001,37563.5%
21 PIONEER CT2026-04$331,0001,37572.7%
22 PIONEER CT2025-09$370,0001,37564.7%
5 PIONEER CT2026-04$375,0001,36461.9%
10 LILAC DR2025-02$450,0001,30060.5%
76 KYLE WAY2025-12$320,0001,25347.5%
28 KYLE WAY2025-07$310,0001,25349.0%
113 KYLE WAY2025-04$320,0001,25347.8%

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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 →