The Fair Share Report
433 Timberlake Dr
Ewing, NJ 08618
The town catches up with market prices only once a year — and only based on the average change of all homes in the area. This report checks whether this house's assessment kept pace.
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This home's payments are about right
It sits inside Ewing's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $306,930 – $355,816, 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 $332,182 home should be assessed near $209,939.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $17,639 below what the ratio math suggests (8.4%).
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
39%78%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 532 TIMBERLAKE DR | 2026-06 | $340,000 | 1,464 | 58.1% |
| 311 TIMBERLAKE DR | 2026-04 | $315,311 | 1,464 | 63.3% |
| 218 TIMBERLAKE DR | 2025-08 | $335,000 | 1,464 | 59.0% |
| 1028 TIMBERLAKE DR | 2025-06 | $321,000 | 1,464 | 62.2% |
| 622 MASTERSON CT | 2026-02 | $325,000 | 1,484 | 48.5% |
| 127 MASTERSON CT | 2025-10 | $330,000 | 1,484 | 47.6% |
| 517 MASTERSON CT | 2025-06 | $327,500 | 1,484 | 48.1% |
| 121 MASTERSON CT | 2025-06 | $320,000 | 1,484 | 49.3% |
| 448 MASTERSON CT | 2025-04 | $350,000 | 1,484 | 45.0% |
| 518 MASTERSON CT | 2025-04 | $355,000 | 1,484 | 44.2% |
| 427 MASTERSON CT | 2025-01 | $350,000 | 1,484 | 45.0% |
| 634 TIMBERLAKE DR | 2025-08 | $335,000 | 1,631 | 63.3% |
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