The Fair Share Report
511 Washington Ave
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 $344,405 – $395,776, from 12 comparable Ewing sales in the past 18 months (home size estimated from assessor data — range widened).
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 $376,885 home should be assessed near $238,191.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $15,091 below what the ratio math suggests (6.3%).
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 $3.939 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
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 |
|---|---|---|---|---|
| 77 WOODLAND AVE | 2025-10 | $349,999 | 1,482 | 53.4% |
| 10 PERSHING AVE | 2025-07 | $311,600 | 1,430 | 64.9% |
| 644 CONCORD CIR | 2025-12 | $425,000 | 1,503 | 49.5% |
| 30 UPPER FERRY RD | 2026-04 | $495,000 | 1,616 | 51.4% |
| 1727 SIXTH ST | 2025-10 | $410,000 | 1,646 | 44.9% |
| 2046 PENNINGTON RD | 2025-04 | $465,000 | 1,934 | 52.6% |
| 182 W UPPER FERRY RD | 2025-05 | $320,000 | 1,722 | 72.3% |
| 325 CONCORD AVE | 2025-08 | $381,174 | 1,680 | 65.7% |
| 10 OREGON AVE | 2025-08 | $387,000 | 1,520 | 54.4% |
| 503 EWINGVILLE RD | 2025-01 | $369,900 | 1,458 | 52.0% |
| 1205 PARKWAY AVE | 2026-06 | $350,000 | 1,432 | 49.4% |
| 991 TERRACE BLVD | 2026-02 | $375,000 | 1,536 | 48.9% |
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