The Fair Share Report

526 Pingree Ave

Ewing, NJ 08638

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

≈ $369,468

Likely range $264,480 – $414,849, 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 $369,468 home should be assessed near $233,504.

Step 3 · Assessed value

$170,700

Set at the last town-wide revaluation and mostly frozen since. That's $62,804 below what the ratio math suggests (26.9%).

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

$6,915/yr
Public schools$3,585
Mercer County$1,526
Town of Ewing$1,804
Ewing average$8,367

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

Town median 55.0%
This home · 46.2%

36%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
7 PERSHING AVE2025-12$404,0001,37966.8%
562 WASHINGTON AVE2025-07$437,0001,39166.6%
107 SUMMIT AVE2025-02$420,0001,34455.5%
123 BUTTONWOOD DR2025-04$370,0001,39249.8%
641 CONCORD CIR2025-06$380,0001,32055.9%
1700 FIFTH ST2025-05$260,0001,28152.0%
7 HINCKLE AVE2025-12$480,0001,35349.6%
644 CONCORD CIR2025-12$425,0001,50349.5%
106 RUTLEDGE AVE2025-07$235,0001,40267.0%
14 KING AVE2025-12$290,0001,37854.0%
1051 RIVER RD2026-05$255,0001,41282.5%
768 PARKWAY AVE2026-05$335,0001,53639.3%

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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 →