The Fair Share Report

405 Maple Ave

Ewing, NJ 08502

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

≈ $848,087

Likely range $654,288 – $954,132, from 12 comparable Ewing sales in the past 18 months, at this home's 4,360 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 $848,087 home should be assessed near $535,991.

Step 3 · Assessed value

$304,300

Set at the last town-wide revaluation and mostly frozen since. That's $231,691 below what the ratio math suggests (43.2%).

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

$12,327/yr
Public schools$6,390
Mercer County$2,720
Town of Ewing$3,216
Ewing average$8,367

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

Town median 55.0%
This home · 35.9%

26%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
3 WOODBURY RD2025-04$605,0004,14661.3%
1657-59 PENNINGTON RD2025-09$564,0003,80358.9%
700 RIVER RD2025-08$545,0003,83762.4%
3 MANSION HILL DR2026-05$762,5003,92068.2%
1218 LOWER FERRY RD2025-07$455,0003,03261.7%
15 DUFFIELD DR2025-10$540,0002,99056.6%
2 WOODFERN AVE2025-09$730,0003,27653.6%
722 RIVER RD2025-11$580,0003,20965.3%
551 HINCKLE AVE2025-01$625,0002,85661.8%
27 FARM RD2025-06$672,0272,59256.2%
16 FRAN AVE2025-05$698,0002,66963.8%
61 WILLIS DR2026-03$620,0002,95458.7%

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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 →