The Fair Share Report

421 Hazel Ave

Ewing, NJ 08648

The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.

Good news — this home pays less than its share

Its assessment sits low relative to what homes like it actually sell for. An appeal would only invite a fresh look at a number working in the owner's favor.

Step 1 · Market value

≈ $318,262

Likely range $286,291 – $415,601, 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 $318,262 home should be assessed near $201,142.

Step 3 · Assessed value

$117,100

Set at the last town-wide revaluation and mostly frozen since. That's $84,042 below what the ratio math suggests (41.8%).

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

$4,744/yr
Public schools$2,459
Mercer County$1,047
Town of Ewing$1,238
Ewing average$8,367

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

Town median 55.0%
This home · 36.8%

23%78%

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
1003 TERRACE BLVD2025-01$242,0001,21279.6%
99 PENNWOOD DR2025-03$170,0001,250101.9%
9 WESTON RD2026-05$382,0001,15237.3%
23 W UPPER FERRY RD2025-03$299,9001,23861.8%
161 ALBEMARLE AVE2025-07$385,0001,15251.6%
115 STRATFORD AVE2026-01$295,0001,11651.3%
20 ROCKLAND RD2026-03$240,0001,22092.3%
109 CARLTON AVE2025-02$305,0001,16651.7%
1075 FIRESIDE AVE2025-08$320,0001,11674.6%
24 GLEN STEWART DR2026-04$290,0001,12064.9%
186 UPLAND AVE2026-02$339,9001,21246.8%
16 BLUE GRASS DR2025-06$380,0001,14453.0%

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