The Fair Share Report

39 Stout Ave

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

≈ $232,017

Likely range $166,553 – $307,159, from 12 comparable Ewing sales in the past 18 months, at this home's 1,162 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 $232,017 home should be assessed near $146,635.

Step 3 · Assessed value

$72,600

Set at the last town-wide revaluation and mostly frozen since. That's $74,035 below what the ratio math suggests (50.5%).

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

$2,941/yr
Public schools$1,525
Mercer County$649
Town of Ewing$767
Ewing average$8,367

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

Town median 55.0%
This home · 31.3%

18%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
330 BEECHWOOD AVE2026-01$202,0001,21648.3%
21 CLOVER AVE2025-11$172,0001,20068.6%
318 BEECHWOOD AVE2026-05$265,0001,33337.8%
165 HOMECREST AVE2025-02$282,0001,12543.2%
229 NEW TRENT ST2025-05$130,00099052.7%
410 BEECHWOOD AVE2025-08$302,0001,41235.6%
270 HOMECREST AVE2025-04$160,0001,22770.9%
1601 NINTH ST2025-03$310,0001,02434.0%
48 HOMESTEAD AVE2026-02$270,0001,05474.6%
115 STRATFORD AVE2026-01$295,0001,11651.3%
1003 TERRACE BLVD2025-01$242,0001,21279.6%
99 PENNWOOD DR2025-03$170,0001,250101.9%

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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 →