The Fair Share Report

445 Walker Ave

Ewing, NJ 08628

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

≈ $554,217

Likely range $524,635 – $584,746, from 12 comparable Ewing sales in the past 18 months, at this home's 2,300 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 $554,217 home should be assessed near $350,265.

Step 3 · Assessed value

$263,700

Set at the last town-wide revaluation and mostly frozen since. That's $86,565 below what the ratio math suggests (24.7%).

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%

Step 5 · The bill

$10,682/yr
Public schools$5,538
Mercer County$2,357
Town of Ewing$2,787
Ewing average$8,367

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

Town median 55.0%
This home · 47.6%

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
12 SANDY LN2025-05$608,0002,23761.0%
3 DAVID DR2025-07$555,0002,32448.5%
15 BARBARA LN2026-03$505,9002,24857.3%
92 LOCHATONG RD2025-08$599,0002,30460.6%
8 MISTY MORN LN2025-12$467,5002,04451.1%
27 COLLEEN CIR2025-07$560,0002,32454.0%
11 SPRINGMEADOW DR2025-11$575,0002,27749.8%
29 SUNDEW DR2025-02$500,0002,19258.2%
27 BLOSSOM DR2026-04$570,0002,24258.0%
121 OREGON AVE2026-03$385,0002,03859.4%
4 RIVERVIEW DR2026-03$610,0002,24461.3%
12 CURRIER WAY2025-03$535,0002,39457.7%

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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 →