The Fair Share Report
41 Main Blvd
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.
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Step 1 · Market value
Likely range $153,847 – $351,753, 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 $257,248 home should be assessed near $162,581.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $13,981 below what the ratio math suggests (8.6%).
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
37%102%
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 |
|---|---|---|---|---|
| 44 LANNING ST | 2025-12 | $326,000 | 1,222 | 55.1% |
| 1236 PROSPECT ST | 2025-01 | $255,000 | 1,248 | 42.0% |
| 142 BROAD AVE | 2025-09 | $350,000 | 1,284 | 55.7% |
| 442 VANNEST AVE | 2025-04 | $216,000 | 1,291 | 77.1% |
| 42 RUNNING BROOK RD W | 2026-04 | $450,000 | 1,144 | 46.4% |
| 99 PENNWOOD DR | 2025-03 | $170,000 | 1,250 | 101.9% |
| 860 LOWER FERRY RD #6-D | 2025-10 | $150,000 | 1,260 | 40.1% |
| 1003 TERRACE BLVD | 2025-01 | $242,000 | 1,212 | 79.6% |
| 860 LOWER FERRY RD #2-K | 2026-04 | $130,000 | 1,276 | 38.3% |
| 860 LOWER FERRY RD #5-F | 2025-04 | $150,000 | 1,276 | 32.9% |
| 18 DIXFIELD AVE | 2025-10 | $180,000 | 1,269 | 90.1% |
| 53 FARRELL AVE | 2025-01 | $330,000 | 1,260 | 46.4% |
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