The Fair Share Report

6 Newfane 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

≈ $441,690

Likely range $404,819 – $478,257, from 12 comparable Ewing sales in the past 18 months, at this home's 1,792 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 $441,690 home should be assessed near $279,148.

Step 3 · Assessed value

$302,600

Set at the last town-wide revaluation and mostly frozen since. That's $23,452 above what the ratio math suggests (8.4%).

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

$12,258/yr
Public schools$6,355
Mercer County$2,705
Town of Ewing$3,198
Ewing average$8,367

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

Town median 55.0%
This home · 68.5%

39%80%

A touch high — worth watching

This home's ratio sits above most of Ewing, but doesn't clear NJ's legal appeal line (72.68%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
100 CARNINE AVE2026-05$450,0001,84255.0%
2 ROCKLEIGH DR2026-05$450,0001,83657.1%
5 COREY DR2025-12$490,0001,83654.9%
2 VAN SAUN DR2026-01$520,0001,83652.2%
4 WESTWOOD DR2025-11$510,0001,70053.6%
20 GILMORE RD2025-06$228,0001,64871.6%
136 PALMER LN2025-12$380,0001,78050.5%
30 CHELMSFORD CT2026-01$400,0001,60247.9%
62 ALBEMARLE AVE2025-06$420,0001,70446.5%
56 SHELBURNE DR2026-02$455,0001,63451.5%
17 ACTON AVE2025-10$370,0001,91051.4%
6 VAN GOGH CT2026-03$525,0002,02653.4%

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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 →