The Fair Share Report

44 Lanning St

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

≈ $249,688

Likely range $173,333 – $367,858, from 12 comparable Ewing sales in the past 18 months, at this home's 1,222 sq ft.

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 $249,688 home should be assessed near $157,803.

Step 3 · Assessed value

$179,600

Set at the last town-wide revaluation and mostly frozen since. That's $21,797 above what the ratio math suggests (13.8%).

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

$7,276/yr
Public schools$3,772
Mercer County$1,606
Town of Ewing$1,898
Ewing average$8,367

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

Town median 55.0%
This home · 71.9%

39%109%

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
42 RUNNING BROOK RD W2026-04$450,0001,14446.4%
1236 PROSPECT ST2025-01$255,0001,24842.0%
1003 TERRACE BLVD2025-01$242,0001,21279.6%
142 BROAD AVE2025-09$350,0001,28455.7%
442 VANNEST AVE2025-04$216,0001,29177.1%
99 PENNWOOD DR2025-03$170,0001,250101.9%
140 CRESCENT AVE2026-05$300,0001,20057.6%
201 HAZELHURST AVE2026-05$208,0001,18665.7%
33 PENNWOOD DR2025-07$385,0001,17841.9%
2305 COLUMBIA AVE2025-11$270,0001,12043.7%
32 SHERBROOKE RD2025-07$430,0001,16646.4%
15 KILMER DR2025-10$351,0001,16653.7%

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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 →