The Fair Share Report

49 Hardwick Dr

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

≈ $316,500

Likely range $190,671 – $342,028, from 12 comparable Ewing sales in the past 18 months (home size estimated from assessor data — range widened).

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 $316,500 home should be assessed near $200,028.

Step 3 · Assessed value

$163,900

Set at the last town-wide revaluation and mostly frozen since. That's $36,128 below what the ratio math suggests (18.1%).

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%

This home's own bill implies $3.898 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$6,390/yr
Public schools$3,312
Mercer County$1,410
Town of Ewing$1,667
Ewing average$8,367

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

Town median 55.0%
This home · 51.8%

39%91%

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
130 GOULD AVE2025-10$325,0001,27463.3%
18 DIXFIELD AVE2025-10$180,0001,26990.1%
142 BROAD AVE2025-09$350,0001,28455.7%
44 LANNING ST2025-12$326,0001,22255.1%
20 ROCKLAND RD2026-03$240,0001,22092.3%
33 SHERBROOKE RD2026-04$325,0001,33663.9%
53 FARRELL AVE2025-01$330,0001,26046.4%
161 FRANKLYN RD2026-01$357,9001,30845.9%
7 PENN CT2025-06$337,5001,30854.6%
442 VANNEST AVE2025-04$216,0001,29177.1%
1236 PROSPECT ST2025-01$255,0001,24842.0%
140 CRESCENT AVE2026-05$300,0001,20057.6%

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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 →