The Fair Share Report
516 Walker 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 $309,558 – $457,666, 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 $428,355 home should be assessed near $270,720.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $43,020 below what the ratio math suggests (15.9%).
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 $3.941 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%79%
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 |
|---|---|---|---|---|
| 30 CHELMSFORD CT | 2026-01 | $400,000 | 1,602 | 47.9% |
| 120 SUSSEX ST | 2026-01 | $200,000 | 1,645 | 61.2% |
| 51 VAN DUYN DR | 2026-04 | $415,000 | 1,558 | 55.0% |
| 2 MCCARTHY DR | 2025-10 | $250,000 | 1,584 | 83.0% |
| 4 HEATHER DR | 2024-12 | $450,000 | 1,544 | 54.0% |
| 3 WALLACE AVE | 2025-12 | $325,000 | 1,581 | 53.3% |
| 36 THURSTON AVE | 2025-07 | $455,000 | 1,611 | 58.0% |
| 4 WESTWOOD DR | 2025-11 | $510,000 | 1,700 | 53.6% |
| 212 NANCY LN | 2025-07 | $515,212 | 1,573 | 44.6% |
| 56 SHELBURNE DR | 2026-02 | $455,000 | 1,634 | 51.5% |
| 31 POLAND ST | 2025-09 | $450,000 | 1,684 | 63.9% |
| 19 HARDWICK DR | 2025-11 | $395,000 | 1,442 | 55.2% |
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