The Fair Share Report

515 Howell 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.

Step 1 · Market value

≈ $259,259

Likely range $241,818 – $315,142, from 12 comparable Ewing sales in the past 18 months, at this home's 896 sq ft.

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 $259,259 home should be assessed near $163,852.

Step 3 · Assessed value

$166,900

Set at the last town-wide revaluation and mostly frozen since. That's $3,048 above what the ratio math suggests (1.9%).

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

$6,761/yr
Public schools$3,505
Mercer County$1,492
Town of Ewing$1,764
Ewing average$8,367

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

Town median 55.0%
This home · 64.4%

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
69 LANNING ST2025-10$347,50098840.3%
209 CLAMER RD2025-09$325,00086442.1%
183 FRANKLYN RD2025-08$287,00093649.4%
901 PARKWAY AVE2025-10$275,00093454.8%
106 SUMMIT AVE2025-01$229,00079656.9%
1075 FIRESIDE AVE2025-08$320,0001,11674.6%
1625 FIFTH ST2025-07$152,50097668.7%
24 GLEN STEWART DR2026-04$290,0001,12064.9%
21 DECOU AVE2025-12$420,0001,11644.6%
13 DECOU AVE2026-05$320,0001,11654.4%
107 HAWTHORNE AVE2025-12$250,00086458.4%
9 WESTON RD2026-05$382,0001,15237.3%

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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 →