The Fair Share Report

5 Tyson 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

≈ $464,012

Likely range $447,170 – $508,593, 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 $464,012 home should be assessed near $293,256.

Step 3 · Assessed value

$265,000

Set at the last town-wide revaluation and mostly frozen since. That's $28,256 below what the ratio math suggests (9.6%).

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%

Step 5 · The bill

$10,735/yr
Public schools$5,565
Mercer County$2,369
Town of Ewing$2,801
Ewing average$8,367

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

Town median 55.0%
This home · 57.1%

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)

AddressSoldPriceSq ftRatio
1 BETH ANN WAY2026-03$450,0001,82059.0%
112 MOUNTAIN VIEW RD2026-05$505,0001,81650.3%
42 WILLIS DR2025-03$474,9001,74067.8%
31 BROPHY DR2025-01$480,0001,90865.7%
2 VAN SAUN DR2026-01$520,0001,83652.2%
2 SPARROW CT2026-04$535,0001,96060.4%
19 CLIVE CT2025-01$510,0001,98947.8%
2 ROCKLEIGH DR2026-05$450,0001,83657.1%
5 COREY DR2025-12$490,0001,83654.9%
385 GREEN LN2025-03$495,0002,13457.4%
61 MAIN BLVD2025-09$370,0001,61253.1%
121 OREGON AVE2026-03$385,0002,03859.4%

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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 →