The Fair Share Report

415 Hendrickson Ave

Ewing, NJ 08690

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

≈ $255,810

Likely range $206,039 – $317,098, 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 $255,810 home should be assessed near $161,672.

Step 3 · Assessed value

$115,100

Set at the last town-wide revaluation and mostly frozen since. That's $46,572 below what the ratio math suggests (28.8%).

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

$4,663/yr
Public schools$2,417
Mercer County$1,029
Town of Ewing$1,217
Ewing average$8,367

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

Town median 55.0%
This home · 45.0%

31%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
6 IOWANA AVE2025-05$285,0001,05652.9%
91 GROVELAND AVE2026-04$60,0001,10090.2%
901 PARKWAY AVE2025-10$275,00093454.8%
115 STRATFORD AVE2026-01$295,0001,11651.3%
1625 FIFTH ST2025-07$152,50097668.7%
27 WALTON AVE2026-01$240,0001,11659.7%
1063 TERRACE BLVD2025-06$330,0001,11650.0%
32 FARRELL AVE2025-11$242,2501,11657.5%
183 FRANKLYN RD2025-08$287,00093649.4%
1 SUSSEX ST2025-01$300,0001,22268.7%
1625 SIXTH ST2025-10$250,0001,21547.4%
16 SHELBURNE DR2025-04$180,0001,11888.0%

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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 →