The Fair Share Report

521 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

≈ $368,101

Likely range $234,607 – $392,222, 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 $368,101 home should be assessed near $232,640.

Step 3 · Assessed value

$191,000

Set at the last town-wide revaluation and mostly frozen since. That's $41,640 below what the ratio math suggests (17.9%).

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

$7,737/yr
Public schools$4,011
Mercer County$1,708
Town of Ewing$2,019
Ewing average$8,367

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

Town median 55.0%
This home · 51.9%

39%87%

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
25 KINNEY DR2025-03$362,0001,42459.1%
106 RUTLEDGE AVE2025-07$235,0001,40267.0%
91 PENNWOOD DR2025-08$210,0001,47177.8%
535 LAFAYETTE AVE2025-02$395,0001,50850.2%
135 KESWICK AVE2025-09$365,0001,41343.7%
123 BUTTONWOOD DR2025-04$370,0001,39249.8%
45 BROWNING AVE2025-08$390,0001,45058.7%
47 SOMERSET ST2025-01$185,0001,339117.7%
14 KING AVE2025-12$290,0001,37854.0%
30 MILLARD TER2025-03$240,0001,352100.4%
9 AUBURN AVE2025-11$405,0001,47671.5%
128 NANCY LN2025-08$450,0001,40446.2%

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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 →