The Fair Share Report

44 Dover Ave

Ewing, NJ 07016

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

≈ $418,000

Likely range $359,307 – $449,640, 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 $418,000 home should be assessed near $264,176.

Step 3 · Assessed value

$204,100

Set at the last town-wide revaluation and mostly frozen since. That's $60,076 below what the ratio math suggests (22.7%).

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%

This home's own bill implies $2.574 per $100 — well off the general rate. That usually means the town revalued since the last bill.

Step 5 · The bill

$5,254/yr
Public schools$2,724
Mercer County$1,160
Town of Ewing$1,371
Ewing average$8,367

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

Town median 55.0%
This home · 48.8%

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
37 VAN DUYN DR2026-03$410,0001,95151.2%
325 CONCORD AVE2025-08$381,1741,68065.7%
1583 PENNINGTON RD2026-01$385,0002,03246.3%
605 CONCORD AVE2025-11$450,0001,73661.7%
2046 PENNINGTON RD2025-04$465,0001,93452.6%
585 PARKWAY AVE2025-05$350,0002,06776.3%
438 EWINGVILLE RD2026-03$399,9991,72962.1%
415 SUTHERLAND RD2025-11$428,0001,96551.7%
1740 PROSPECT ST2025-04$380,0001,68042.5%
56 RIDGEWOOD AVE2026-05$518,0001,86638.3%
1727 SIXTH ST2025-10$410,0001,64644.9%
51 FARRELL AVE2026-02$344,0001,72258.6%

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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 →