The Fair Share Report

62 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

≈ $404,911

Likely range $312,564 – $460,026, 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 $404,911 home should be assessed near $255,904.

Step 3 · Assessed value

$202,900

Set at the last town-wide revaluation and mostly frozen since. That's $53,004 below what the ratio math suggests (20.7%).

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

$8,219/yr
Public schools$4,261
Mercer County$1,814
Town of Ewing$2,145
Ewing average$8,367

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

Town median 55.0%
This home · 50.1%

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
10 OREGON AVE2025-08$387,0001,52054.4%
145 PALMER LN2025-08$455,0001,65047.1%
212 NANCY LN2025-07$515,2121,57344.6%
36 THURSTON AVE2025-07$455,0001,61158.0%
321 WYNNEWOOD RD2025-06$330,0001,68358.1%
30 CHELMSFORD CT2026-01$400,0001,60247.9%
3 WALLACE AVE2025-12$325,0001,58153.3%
991 TERRACE BLVD2026-02$375,0001,53648.9%
30 UPPER FERRY RD2026-04$495,0001,61651.4%
4 WESTWOOD DR2025-11$510,0001,70053.6%
51 VAN DUYN DR2026-04$415,0001,55855.0%
503 EWINGVILLE RD2025-01$369,9001,45852.0%

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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 →