The Fair Share Report
5 Pershing Ave
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 $327,148 – $431,818, from 12 comparable Ewing sales in the past 18 months, at this home's 1,500 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 $392,905 home should be assessed near $248,316.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $38,816 below what the ratio math suggests (15.6%).
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 |
|---|---|---|---|---|
| 768 PARKWAY AVE | 2026-05 | $335,000 | 1,536 | 39.3% |
| 535 LAFAYETTE AVE | 2025-02 | $395,000 | 1,508 | 50.2% |
| 7 PERSHING AVE | 2025-12 | $404,000 | 1,379 | 66.8% |
| 25 KINNEY DR | 2025-03 | $362,000 | 1,424 | 59.1% |
| 123 BUTTONWOOD DR | 2025-04 | $370,000 | 1,392 | 49.8% |
| 132 ROBBINS AVE | 2025-03 | $370,000 | 1,542 | 67.8% |
| 106 RUTLEDGE AVE | 2025-07 | $235,000 | 1,402 | 67.0% |
| 91 PENNWOOD DR | 2025-08 | $210,000 | 1,471 | 77.8% |
| 9 AUBURN AVE | 2025-11 | $405,000 | 1,476 | 71.5% |
| 641 CONCORD CIR | 2025-06 | $380,000 | 1,320 | 55.9% |
| 47 SOMERSET ST | 2025-01 | $185,000 | 1,339 | 117.7% |
| 135 KESWICK AVE | 2025-09 | $365,000 | 1,413 | 43.7% |
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