The Fair Share Report
553 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $269,481 – $395,421, from 12 comparable Ewing sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Ewing assessments sit below market value — republished every October, applied town-wide. A $307,611 home should be assessed near $194,410.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $32,010 below what the ratio math suggests (16.5%).
Step 4 · The tax rate — same for every Ewing home
$2.100 Schools · 52% $0.894 County · 22% $1.057 Town · 26%
Step 5 · The bill
This home vs. every recent Ewing sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1637 PENNINGTON RD | 2025-10 | $430,000 | 1,106 | 50.0% |
| 2511 COLUMBIA AVE | 2025-02 | $237,500 | 1,296 | 63.5% |
| 9 WESTON RD | 2026-05 | $382,000 | 1,152 | 37.3% |
| 200 NEW HILLCREST AVE | 2025-03 | $255,000 | 950 | 45.5% |
| 1700 FIFTH ST | 2025-05 | $260,000 | 1,281 | 52.0% |
| 91 GROVELAND AVE | 2026-04 | $60,000 | 1,100 | 90.2% |
| 23 W UPPER FERRY RD | 2025-03 | $299,900 | 1,238 | 61.8% |
| 517 EWINGVILLE RD | 2025-10 | $260,000 | 1,080 | 70.7% |
| 15 CAROLINA AVE | 2025-01 | $315,000 | 891 | 59.1% |
| 161 ALBEMARLE AVE | 2025-07 | $385,000 | 1,152 | 51.6% |
| 1075 FIRESIDE AVE | 2025-08 | $320,000 | 1,116 | 74.6% |
| 24 GLEN STEWART DR | 2026-04 | $290,000 | 1,120 | 64.9% |
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