The Fair Share Report

412 Hazel Ave

Ewing, NJ 08609

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

≈ $263,491

Likely range $209,098 – $301,348, 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 $263,491 home should be assessed near $166,526.

Step 3 · Assessed value

$98,700

Set at the last town-wide revaluation and mostly frozen since. That's $67,826 below what the ratio math suggests (40.7%).

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

$3,998/yr
Public schools$2,073
Mercer County$882
Town of Ewing$1,043
Ewing average$8,367

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

Town median 55.0%
This home · 37.5%

27%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
115 STRATFORD AVE2026-01$295,0001,11651.3%
2305 COLUMBIA AVE2025-11$270,0001,12043.7%
33 PENNWOOD DR2025-07$385,0001,17841.9%
1003 TERRACE BLVD2025-01$242,0001,21279.6%
27 WALTON AVE2026-01$240,0001,11659.7%
137 ARDSLEY AVE2026-03$225,0001,15263.1%
42 RUNNING BROOK RD W2026-04$450,0001,14446.4%
32 FARRELL AVE2025-11$242,2501,11657.5%
1063 TERRACE BLVD2025-06$330,0001,11650.0%
6 IOWANA AVE2025-05$285,0001,05652.9%
99 PENNWOOD DR2025-03$170,0001,250101.9%
1 SUSSEX ST2025-01$300,0001,22268.7%

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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 →