The Fair Share Report
46 Central Ave E
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $257,476 – $368,390, 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 $328,162 home should be assessed near $207,398.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $43,598 below what the ratio math suggests (21.0%).
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%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 117 BROWNING AVE | 2025-12 | $290,101 | 1,344 | 61.6% |
| 107 SUMMIT AVE | 2025-02 | $420,000 | 1,344 | 55.5% |
| 2 DORSET DR | 2025-06 | $280,000 | 1,368 | 64.1% |
| 844 LOWER FERRY RD | 2025-06 | $350,000 | 1,386 | 44.4% |
| 47 SOMERSET ST | 2025-01 | $185,000 | 1,339 | 117.7% |
| 99 PENNWOOD DR | 2025-03 | $170,000 | 1,250 | 101.9% |
| 10 GLEN MAWR DR | 2025-11 | $425,000 | 1,457 | 55.4% |
| 13 DORSET DR | 2025-07 | $356,000 | 1,328 | 48.5% |
| 21 DORSET DR | 2025-04 | $337,500 | 1,328 | 52.1% |
| 1003 TERRACE BLVD | 2025-01 | $242,000 | 1,212 | 79.6% |
| 106 RUTLEDGE AVE | 2025-07 | $235,000 | 1,402 | 67.0% |
| 33 SHERBROOKE RD | 2026-04 | $325,000 | 1,336 | 63.9% |
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