The Fair Share Report
63 Broad Ave
Ewing, NJ 08618
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
This home's payments are about right
It sits inside Ewing's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $340,661 – $440,837, from 12 comparable Ewing sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Ewing assessments sit below market value — republished every October, applied town-wide. A $378,291 home should be assessed near $239,080.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $66,780 below what the ratio math suggests (27.9%).
Step 4 · The tax rate — same for every Ewing home
$2.100 Schools · 52% $0.894 County · 22% $1.057 Town · 26%
Step 5 · The bill
This home vs. every recent Ewing sale · assessed ÷ market
34%78%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 128 NANCY LN | 2025-08 | $450,000 | 1,404 | 46.2% |
| 38 RUNNING BROOK RD W | 2025-12 | $565,000 | 1,362 | 40.7% |
| 28 BRATTLE ST | 2025-03 | $200,000 | 1,362 | 69.0% |
| 844 LOWER FERRY RD | 2025-06 | $350,000 | 1,386 | 44.4% |
| 33 SHERBROOKE RD | 2026-04 | $325,000 | 1,336 | 63.9% |
| 208 HAZELHURST AVE | 2025-03 | $350,000 | 1,393 | 44.5% |
| 2 DORSET DR | 2025-06 | $280,000 | 1,368 | 64.1% |
| 2200 COLUMBIA AVE | 2025-02 | $402,000 | 1,378 | 46.4% |
| 935 BEAR TAVERN RD | 2025-05 | $500,000 | 1,434 | 49.9% |
| 135 KESWICK AVE | 2025-09 | $365,000 | 1,413 | 43.7% |
| 19 HARDWICK DR | 2025-11 | $395,000 | 1,442 | 55.2% |
| 13 BENT TWIG LN | 2025-04 | $380,000 | 1,372 | 57.0% |
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