The Fair Share Report

515 Maple 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.

Step 1 · Market value

≈ $384,115

Likely range $300,761 – $412,847, 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 $384,115 home should be assessed near $242,761.

Step 3 · Assessed value

$197,100

Set at the last town-wide revaluation and mostly frozen since. That's $45,661 below what the ratio math suggests (18.8%).

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

$7,985/yr
Public schools$4,139
Mercer County$1,762
Town of Ewing$2,083
Ewing average$8,367

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

Town median 55.0%
This home · 51.3%

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
768 PARKWAY AVE2026-05$335,0001,53639.3%
7 PERSHING AVE2025-12$404,0001,37966.8%
535 LAFAYETTE AVE2025-02$395,0001,50850.2%
25 KINNEY DR2025-03$362,0001,42459.1%
123 BUTTONWOOD DR2025-04$370,0001,39249.8%
106 RUTLEDGE AVE2025-07$235,0001,40267.0%
91 PENNWOOD DR2025-08$210,0001,47177.8%
132 ROBBINS AVE2025-03$370,0001,54267.8%
9 AUBURN AVE2025-11$405,0001,47671.5%
641 CONCORD CIR2025-06$380,0001,32055.9%
11 KERN AVE2025-04$309,9001,46453.3%
47 SOMERSET ST2025-01$185,0001,339117.7%

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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 →