The Fair Share Report

525 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

≈ $335,500

Likely range $234,751 – $359,251, from 12 comparable Ewing sales in the past 18 months, at this home's 1,281 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 $335,500 home should be assessed near $212,036.

Step 3 · Assessed value

$191,800

Set at the last town-wide revaluation and mostly frozen since. That's $20,236 below what the ratio math suggests (9.5%).

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

$7,770/yr
Public schools$4,028
Mercer County$1,715
Town of Ewing$2,027
Ewing average$8,367

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

Town median 55.0%
This home · 57.2%

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
1700 FIFTH ST2025-05$260,0001,28152.0%
107 SUMMIT AVE2025-02$420,0001,34455.5%
7 PERSHING AVE2025-12$404,0001,37966.8%
99 PENNWOOD DR2025-03$170,0001,250101.9%
23 W UPPER FERRY RD2025-03$299,9001,23861.8%
186 UPLAND AVE2026-02$339,9001,21246.8%
2511 COLUMBIA AVE2025-02$237,5001,29663.5%
641 CONCORD CIR2025-06$380,0001,32055.9%
123 BUTTONWOOD DR2025-04$370,0001,39249.8%
53 FARRELL AVE2025-01$330,0001,26046.4%
1003 TERRACE BLVD2025-01$242,0001,21279.6%
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 →