The Fair Share Report

39 Oregon Ave

Ewing, NJ 07620

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

≈ $451,127

Likely range $368,461 – $516,250, 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 $451,127 home should be assessed near $285,112.

Step 3 · Assessed value

$252,100

Set at the last town-wide revaluation and mostly frozen since. That's $33,012 below what the ratio math suggests (11.6%).

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

$10,213/yr
Public schools$5,294
Mercer County$2,254
Town of Ewing$2,665
Ewing average$8,367

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

Town median 55.0%
This home · 55.9%

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
37 VAN DUYN DR2026-03$410,0001,95151.2%
2046 PENNINGTON RD2025-04$465,0001,93452.6%
605 CONCORD AVE2025-11$450,0001,73661.7%
56 RIDGEWOOD AVE2026-05$518,0001,86638.3%
310 PINGREE AVE2026-01$412,0002,11967.7%
30 UPPER FERRY RD2026-04$495,0001,61651.4%
182 W UPPER FERRY RD2025-05$320,0001,72272.3%
438 EWINGVILLE RD2026-03$399,9991,72962.1%
113 UPPER FERRY RD2025-06$490,0001,95469.2%
415 SUTHERLAND RD2025-11$428,0001,96551.7%
6 VAN GOGH CT2026-03$525,0002,02653.4%
321 WYNNEWOOD RD2025-06$330,0001,68358.1%

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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 →