The Fair Share Report

38 Main Blvd

Ewing, NJ 08810

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

≈ $270,720

Likely range $222,222 – $296,445, from 12 comparable Ewing sales in the past 18 months, at this home's 1,080 sq ft.

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 $270,720 home should be assessed near $171,095.

Step 3 · Assessed value

$164,500

Set at the last town-wide revaluation and mostly frozen since. That's $6,595 below what the ratio math suggests (3.9%).

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

$6,664/yr
Public schools$3,455
Mercer County$1,471
Town of Ewing$1,739
Ewing average$8,367

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

Town median 55.0%
This home · 60.8%

39%79%

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
25 PRESTON AVE2026-05$325,0001,05648.6%
165 HOMECREST AVE2025-02$282,0001,12543.2%
48 HOMESTEAD AVE2026-02$270,0001,05474.6%
1625 SIXTH ST2025-10$250,0001,21547.4%
220 HOMECREST AVE2025-09$270,00097140.0%
429 GREENWAY AVE2025-07$347,5001,26645.4%
270 HOMECREST AVE2025-04$160,0001,22770.9%
91 GROVELAND AVE2026-04$60,0001,10090.2%
1 SUSSEX ST2025-01$300,0001,22268.7%
2305 COLUMBIA AVE2025-11$270,0001,12043.7%
115 STRATFORD AVE2026-01$295,0001,11651.3%
33 PENNWOOD DR2025-07$385,0001,17841.9%

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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 →