The Fair Share Report

45 Dover Ave

Ewing, NJ 08638

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

≈ $238,202

Likely range $224,793 – $266,941, from 12 comparable Ewing sales in the past 18 months, at this home's 960 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 $238,202 home should be assessed near $150,544.

Step 3 · Assessed value

$194,700

Set at the last town-wide revaluation and mostly frozen since. That's $44,156 above what the ratio math suggests (29.3%).

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%

Step 5 · The bill

$7,887/yr
Public schools$4,089
Mercer County$1,741
Town of Ewing$2,058
Ewing average$8,367

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

Town median 55.0%
This home · 81.7%

39%92%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (72.68%) — roughly $1,789/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
313 MASTERSON CT2026-01$255,0001,08957.0%
315 MASTERSON CT2025-09$260,0001,08955.9%
1625 FIFTH ST2025-07$152,50097668.7%
901 PARKWAY AVE2025-10$275,00093454.8%
183 FRANKLYN RD2025-08$287,00093649.4%
209 CLAMER RD2025-09$325,00086442.1%
539 SILVIA ST2025-02$249,0001,09253.2%
35 WOODLAND AVE2025-05$165,00089276.5%
220 HOMECREST AVE2025-09$270,00097140.0%
335 SILVIA ST2026-04$265,0001,06848.6%
409 SILVIA ST2026-02$257,5001,06851.7%
495 SILVIA ST2025-08$255,0001,06850.5%

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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 →