The Fair Share Report

4 Jacob Ct

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

≈ $350,486

Likely range $323,801 – $382,168, 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 $350,486 home should be assessed near $221,507.

Step 3 · Assessed value

$189,700

Set at the last town-wide revaluation and mostly frozen since. That's $31,807 below what the ratio math suggests (14.4%).

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

$7,685/yr
Public schools$3,984
Mercer County$1,696
Town of Ewing$2,005
Ewing average$8,367

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

Town median 55.0%
This home · 54.1%

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
813 LILY LN2025-05$360,0001,43250.1%
24 JACOB CT2026-05$390,0001,75252.7%
21 PIONEER CT2026-04$331,0001,37572.7%
22 PIONEER CT2025-09$370,0001,37564.7%
12 JACOB CT2025-12$210,0001,75295.1%
2 CROCKETT LN2025-08$380,0001,37563.5%
42 REBECCA CT2025-07$335,0001,75250.8%
23 PILGRIM CT2025-01$385,0001,36457.4%
10 LEICESTER LN2025-01$390,0001,66848.4%
622 MASTERSON CT2026-02$325,0001,48448.5%
127 MASTERSON CT2025-10$330,0001,48447.6%
517 MASTERSON CT2025-06$327,5001,48448.1%

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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 →