The Fair Share Report
4 Stem Ct
Ewing, NJ 08638
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $310,302 – $357,643, from 12 comparable Ewing sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Ewing assessments sit below market value — republished every October, applied town-wide. A $341,110 home should be assessed near $215,582.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $39,182 below what the ratio math suggests (18.2%).
Step 4 · The tax rate — same for every Ewing home
$2.100 Schools · 52% $0.894 County · 22% $1.057 Town · 26%
Step 5 · The bill
This home vs. every recent Ewing sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 10 STEM CT | 2025-04 | $362,000 | 1,432 | 50.3% |
| 112 PETAL LN | 2025-01 | $372,500 | 1,432 | 49.3% |
| 127 TULIP LN | 2025-05 | $345,000 | 1,364 | 52.3% |
| 110 PETAL LN | 2025-11 | $375,000 | 1,432 | 63.9% |
| 345 MASTERSON CT | 2026-03 | $330,000 | 1,419 | 52.0% |
| 435 MASTERSON CT | 2026-02 | $299,300 | 1,419 | 55.2% |
| 325 MASTERSON CT | 2026-01 | $345,000 | 1,419 | 47.9% |
| 146 MASTERSON CT | 2025-11 | $330,000 | 1,419 | 50.1% |
| 614 MASTERSON CT | 2025-07 | $315,000 | 1,419 | 52.4% |
| 525 MASTERSON CT | 2025-07 | $345,000 | 1,419 | 47.9% |
| 234 MASTERSON CT | 2025-03 | $350,000 | 1,419 | 47.2% |
| 828 LILY LN | 2025-01 | $322,000 | 1,432 | 55.6% |
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