The Fair Share Report

605 Maple 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

≈ $412,427

Likely range $394,789 – $464,595, 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 $412,427 home should be assessed near $260,654.

Step 3 · Assessed value

$216,100

Set at the last town-wide revaluation and mostly frozen since. That's $44,554 below what the ratio math suggests (17.1%).

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

$8,754/yr
Public schools$4,538
Mercer County$1,932
Town of Ewing$2,284
Ewing average$8,367

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

Town median 55.0%
This home · 52.4%

39%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
726 RIVER RD2025-03$399,0001,57566.4%
2115 PENNINGTON RD2025-08$475,0001,66071.3%
30 CHELMSFORD CT2026-01$400,0001,60247.9%
11 COREY DR2026-03$485,0001,61051.0%
14 FARM RD2025-09$450,0001,63257.2%
525 CLEARDALE AVE2026-02$400,0001,54554.0%
51 VAN DUYN DR2026-04$415,0001,55855.0%
4 WESTWOOD DR2025-11$510,0001,70053.6%
202 W UPPER FERRY RD2025-11$360,0001,82667.0%
1205 PARKWAY AVE2026-06$350,0001,43249.4%
4 HEATHER DR2024-12$450,0001,54454.0%
10 OREGON AVE2025-08$387,0001,52054.4%

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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 →