The Fair Share Report

559 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

≈ $307,017

Likely range $238,943 – $379,836, 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 $307,017 home should be assessed near $194,035.

Step 3 · Assessed value

$196,300

Set at the last town-wide revaluation and mostly frozen since. That's $2,265 above what the ratio math suggests (1.2%).

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

$7,952/yr
Public schools$4,122
Mercer County$1,755
Town of Ewing$2,075
Ewing average$8,367

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

Town median 55.0%
This home · 63.9%

39%88%

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
562 WASHINGTON AVE2025-07$437,0001,39166.6%
99 PENNWOOD DR2025-03$170,0001,250101.9%
2511 COLUMBIA AVE2025-02$237,5001,29663.5%
1003 TERRACE BLVD2025-01$242,0001,21279.6%
10 PERSHING AVE2025-07$311,6001,43064.9%
77 WOODLAND AVE2025-10$349,9991,48253.4%
37 CENTRAL AVE E2026-02$226,5001,17672.7%
7 HINCKLE AVE2025-12$480,0001,35349.6%
130 GOULD AVE2025-10$325,0001,27463.3%
935 BEAR TAVERN RD2025-05$500,0001,43449.9%
115 STRATFORD AVE2026-01$295,0001,11651.3%
644 CONCORD CIR2025-12$425,0001,50349.5%

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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 →