The Fair Share Report

58 Main Blvd

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

≈ $381,304

Likely range $284,132 – $411,090, 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 $381,304 home should be assessed near $240,984.

Step 3 · Assessed value

$173,900

Set at the last town-wide revaluation and mostly frozen since. That's $67,084 below what the ratio math suggests (27.8%).

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%

Step 5 · The bill

$7,045/yr
Public schools$3,652
Mercer County$1,555
Town of Ewing$1,838
Ewing average$8,367

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

Town median 55.0%
This home · 45.6%

37%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
38 RUNNING BROOK RD W2025-12$565,0001,36240.7%
2200 COLUMBIA AVE2025-02$402,0001,37846.4%
844 LOWER FERRY RD2025-06$350,0001,38644.4%
2 DORSET DR2025-06$280,0001,36864.1%
20 RUNNING BROOK RD W2026-05$405,0001,35652.4%
13 BENT TWIG LN2025-04$380,0001,37257.0%
19 HARDWICK DR2025-11$395,0001,44255.2%
117 BROWNING AVE2025-12$290,1011,34461.6%
318 SUTHERLAND RD2025-08$377,5001,44066.9%
40 HARDWICK DR2025-02$399,0001,43851.3%
328 EWINGVILLE RD2025-03$450,0001,43037.2%
1840 PENNINGTON RD2025-09$285,0001,42171.2%

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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 →