The Fair Share Report

53 Central Ave E

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

≈ $371,934

Likely range $343,194 – $433,851, 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 $371,934 home should be assessed near $235,062.

Step 3 · Assessed value

$196,600

Set at the last town-wide revaluation and mostly frozen since. That's $38,462 below what the ratio math suggests (16.4%).

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

$7,964/yr
Public schools$4,129
Mercer County$1,758
Town of Ewing$2,078
Ewing average$8,367

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

Town median 55.0%
This home · 52.9%

39%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
15 LILAC DR2025-04$460,0001,62355.5%
30 POLAND ST2025-07$480,0001,66648.8%
813 LILY LN2025-05$360,0001,43250.1%
6 MICHELLE CT2026-02$465,0001,61260.1%
52 COLLEEN CIR2026-02$475,0001,76954.5%
4 DAVID DR2026-04$375,0001,73155.6%
61 MAIN BLVD2025-09$370,0001,61253.1%
622 MASTERSON CT2026-02$325,0001,48448.5%
127 MASTERSON CT2025-10$330,0001,48447.6%
517 MASTERSON CT2025-06$327,5001,48448.1%
121 MASTERSON CT2025-06$320,0001,48449.3%
448 MASTERSON CT2025-04$350,0001,48445.0%

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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 →