The Fair Share Report
5 Ray St
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $386,965 – $541,612, from 12 comparable Ewing sales in the past 18 months, at this home's 1,884 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 $475,758 home should be assessed near $300,679.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $7,421 above what the ratio math suggests (2.5%).
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%85%
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 |
|---|---|---|---|---|
| 4 BLOSSOM DR | 2026-03 | $540,000 | 1,824 | 47.8% |
| 9 BLOSSOM DR | 2026-01 | $535,000 | 1,861 | 48.9% |
| 30 POLAND ST | 2025-07 | $480,000 | 1,666 | 48.8% |
| 10 BLOSSOM DR | 2026-01 | $550,000 | 1,861 | 52.8% |
| 29 SUNDEW DR | 2025-02 | $500,000 | 2,192 | 58.2% |
| 27 BLOSSOM DR | 2026-04 | $570,000 | 2,242 | 58.0% |
| 11 SPRINGMEADOW DR | 2025-11 | $575,000 | 2,277 | 49.8% |
| 634 TIMBERLAKE DR | 2025-08 | $335,000 | 1,631 | 63.3% |
| 414 TIMBERLAKE DR | 2025-08 | $325,000 | 1,631 | 65.8% |
| 426 TIMBERLAKE DR | 2025-03 | $327,000 | 1,631 | 65.4% |
| 224 TIMBERLAKE DR | 2025-01 | $300,000 | 1,631 | 70.7% |
| 834 TIMBERLAKE DR | 2024-12 | $309,000 | 1,631 | 69.3% |
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