The Fair Share Report
48 Kyle Way
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $322,302 – $384,633, 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 $349,292 home should be assessed near $220,753.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $50,353 below what the ratio math suggests (22.8%).
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 |
|---|---|---|---|---|
| 622 MASTERSON CT | 2026-02 | $325,000 | 1,484 | 48.5% |
| 127 MASTERSON CT | 2025-10 | $330,000 | 1,484 | 47.6% |
| 517 MASTERSON CT | 2025-06 | $327,500 | 1,484 | 48.1% |
| 121 MASTERSON CT | 2025-06 | $320,000 | 1,484 | 49.3% |
| 448 MASTERSON CT | 2025-04 | $350,000 | 1,484 | 45.0% |
| 518 MASTERSON CT | 2025-04 | $355,000 | 1,484 | 44.2% |
| 427 MASTERSON CT | 2025-01 | $350,000 | 1,484 | 45.0% |
| 282 WEBER AVENUE | 2025-06 | $420,000 | 1,512 | 41.2% |
| 10 HOLIDAY CT | 2025-08 | $380,000 | 1,502 | 47.8% |
| 56 HOLIDAY CT | 2026-01 | $370,000 | 1,447 | 49.4% |
| 56 HOLIDAY CT | 2025-09 | $276,200 | 1,447 | 66.2% |
| 10 STEM CT | 2025-04 | $362,000 | 1,432 | 50.3% |
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