The Fair Share Report
5 Edwards Pl
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 $385,518 – $463,200, from 12 comparable Ewing sales in the past 18 months, at this home's 1,544 sq ft.
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 $412,070 home should be assessed near $260,428.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $69,972 above what the ratio math suggests (26.9%).
Step 4 · The tax rate — same for every Ewing home
$2.100 Schools · 52% $0.894 County · 22% $1.057 Town · 26%
This home's own bill implies $3.120 per $100 — well off the general rate. That usually means the town revalued since the last bill.
Step 5 · The bill
This home vs. every recent Ewing sale · assessed ÷ market
39%91%
A touch high — worth watching
This home's ratio sits above most of Ewing, but doesn't clear NJ's legal appeal line (72.68%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 4 HEATHER DR | 2024-12 | $450,000 | 1,544 | 54.0% |
| 51 VAN DUYN DR | 2026-04 | $415,000 | 1,558 | 55.0% |
| 30 CHELMSFORD CT | 2026-01 | $400,000 | 1,602 | 47.9% |
| 935 BEAR TAVERN RD | 2025-05 | $500,000 | 1,434 | 49.9% |
| 525 CLEARDALE AVE | 2026-02 | $400,000 | 1,545 | 54.0% |
| 4 WESTWOOD DR | 2025-11 | $510,000 | 1,700 | 53.6% |
| 1 HIGHACRES AVE | 2025-10 | $475,000 | 1,493 | 60.2% |
| 954 BEAR TAVERN RD | 2025-05 | $450,000 | 1,820 | 53.7% |
| 11 COREY DR | 2026-03 | $485,000 | 1,610 | 51.0% |
| 14 FARM RD | 2025-09 | $450,000 | 1,632 | 57.2% |
| 726 RIVER RD | 2025-03 | $399,000 | 1,575 | 66.4% |
| 2115 PENNINGTON RD | 2025-08 | $475,000 | 1,660 | 71.3% |
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