The Fair Share Report

55 Broad 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

≈ $452,034

Likely range $356,472 – $511,139, from 12 comparable Ewing sales in the past 18 months, at this home's 1,778 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 $452,034 home should be assessed near $285,685.

Step 3 · Assessed value

$227,600

Set at the last town-wide revaluation and mostly frozen since. That's $58,085 below what the ratio math suggests (20.3%).

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

$9,220/yr
Public schools$4,780
Mercer County$2,035
Town of Ewing$2,406
Ewing average$8,367

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

Town median 55.0%
This home · 50.4%

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
9 BLOSSOM DR2026-01$535,0001,86148.9%
10 BLOSSOM DR2026-01$550,0001,86152.8%
30 POLAND ST2025-07$480,0001,66648.8%
4 BLOSSOM DR2026-03$540,0001,82447.8%
4 DAVID DR2026-04$375,0001,73155.6%
634 TIMBERLAKE DR2025-08$335,0001,63163.3%
414 TIMBERLAKE DR2025-08$325,0001,63165.8%
426 TIMBERLAKE DR2025-03$327,0001,63165.4%
224 TIMBERLAKE DR2025-01$300,0001,63170.7%
834 TIMBERLAKE DR2024-12$309,0001,63169.3%
52 COLLEEN CIR2026-02$475,0001,76954.5%
29 SUNDEW DR2025-02$500,0002,19258.2%

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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 →