The Fair Share Report

425 Maple Ave

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.

Step 1 · Market value

≈ $441,136

Likely range $393,879 – $475,706, 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 $441,136 home should be assessed near $278,798.

Step 3 · Assessed value

$241,700

Set at the last town-wide revaluation and mostly frozen since. That's $37,098 below what the ratio math suggests (13.3%).

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%

This home's own bill implies $3.844 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$9,291/yr
Public schools$4,817
Mercer County$2,050
Town of Ewing$2,424
Ewing average$8,367

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

Town median 55.0%
This home · 54.8%

39%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
124 NEW HILLCREST AVE2026-05$369,0001,73138.0%
1727 SIXTH ST2025-10$410,0001,64644.9%
844 RIVER RD2025-02$489,0001,84359.9%
438 EWINGVILLE RD2026-03$399,9991,72962.1%
325 CONCORD AVE2025-08$381,1741,68065.7%
2046 PENNINGTON RD2025-04$465,0001,93452.6%
4 BLOSSOM DR2026-03$540,0001,82447.8%
79 OREGON AVE2025-03$358,0001,72454.0%
71 NANCY LN2025-07$461,0001,77150.5%
52 COLLEEN CIR2026-02$475,0001,76954.5%
605 CONCORD AVE2025-11$450,0001,73661.7%
321 WYNNEWOOD RD2025-06$330,0001,68358.1%

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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 →