The Fair Share Report

6 Marion Ct

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

≈ $322,831

Likely range $255,603 – $397,859, 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 $322,831 home should be assessed near $204,029.

Step 3 · Assessed value

$155,300

Set at the last town-wide revaluation and mostly frozen since. That's $48,729 below what the ratio math suggests (23.9%).

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

$6,291/yr
Public schools$3,261
Mercer County$1,388
Town of Ewing$1,642
Ewing average$8,367

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

Town median 55.0%
This home · 48.1%

34%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
641 CONCORD CIR2025-06$380,0001,32055.9%
1700 FIFTH ST2025-05$260,0001,28152.0%
107 SUMMIT AVE2025-02$420,0001,34455.5%
226 DRYDEN AVE2026-02$165,0001,25456.2%
7 PERSHING AVE2025-12$404,0001,37966.8%
429 GREENWAY AVE2025-07$347,5001,26645.4%
1625 SIXTH ST2025-10$250,0001,21547.4%
562 WASHINGTON AVE2025-07$437,0001,39166.6%
7 HINCKLE AVE2025-12$480,0001,35349.6%
2511 COLUMBIA AVE2025-02$237,5001,29663.5%
1 SUSSEX ST2025-01$300,0001,22268.7%
47 SOMERSET ST2025-01$185,0001,339117.7%

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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 →