The Fair Share Report
480 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $227,159 – $411,459, 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 $315,090 home should be assessed near $199,137.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $30,137 below what the ratio math suggests (15.1%).
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
36%80%
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 |
|---|---|---|---|---|
| 1003 TERRACE BLVD | 2025-01 | $242,000 | 1,212 | 79.6% |
| 99 PENNWOOD DR | 2025-03 | $170,000 | 1,250 | 101.9% |
| 23 W UPPER FERRY RD | 2025-03 | $299,900 | 1,238 | 61.8% |
| 9 WESTON RD | 2026-05 | $382,000 | 1,152 | 37.3% |
| 161 ALBEMARLE AVE | 2025-07 | $385,000 | 1,152 | 51.6% |
| 115 STRATFORD AVE | 2026-01 | $295,000 | 1,116 | 51.3% |
| 186 UPLAND AVE | 2026-02 | $339,900 | 1,212 | 46.8% |
| 109 CARLTON AVE | 2025-02 | $305,000 | 1,166 | 51.7% |
| 1075 FIRESIDE AVE | 2025-08 | $320,000 | 1,116 | 74.6% |
| 20 ROCKLAND RD | 2026-03 | $240,000 | 1,220 | 92.3% |
| 24 GLEN STEWART DR | 2026-04 | $290,000 | 1,120 | 64.9% |
| 16 BLUE GRASS DR | 2025-06 | $380,000 | 1,144 | 53.0% |
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