The Fair Share Report

529 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.

Step 1 · Market value

≈ $346,813

Likely range $266,258 – $446,155, 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 $346,813 home should be assessed near $219,186.

Step 3 · Assessed value

$197,600

Set at the last town-wide revaluation and mostly frozen since. That's $21,586 below what the ratio math suggests (9.8%).

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%

This home's own bill implies $3.924 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$7,755/yr
Public schools$4,020
Mercer County$1,711
Town of Ewing$2,023
Ewing average$8,367

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

Town median 55.0%
This home · 57.0%

39%80%

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 HINCKLE AVE2025-12$480,0001,35349.6%
1205 PARKWAY AVE2026-06$350,0001,43249.4%
1840 PENNINGTON RD2025-09$285,0001,42171.2%
117 BROWNING AVE2025-12$290,1011,34461.6%
503 EWINGVILLE RD2025-01$369,9001,45852.0%
99 PENNWOOD DR2025-03$170,0001,250101.9%
318 SUTHERLAND RD2025-08$377,5001,44066.9%
2 DORSET DR2025-06$280,0001,36864.1%
644 CONCORD CIR2025-12$425,0001,50349.5%
38 RUNNING BROOK RD W2025-12$565,0001,36240.7%
1003 TERRACE BLVD2025-01$242,0001,21279.6%
844 LOWER FERRY RD2025-06$350,0001,38644.4%

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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 →