The Fair Share Report
64 Ray St
Ewing, NJ 08534
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $322,593 – $377,448, 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 $362,970 home should be assessed near $229,397.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $55,097 below what the ratio math suggests (24.0%).
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
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 33 SHERBROOKE RD | 2026-04 | $325,000 | 1,336 | 63.9% |
| 28 BRATTLE ST | 2025-03 | $200,000 | 1,362 | 69.0% |
| 40 HARDWICK DR | 2025-02 | $399,000 | 1,438 | 51.3% |
| 13 BENT TWIG LN | 2025-04 | $380,000 | 1,372 | 57.0% |
| 128 NANCY LN | 2025-08 | $450,000 | 1,404 | 46.2% |
| 161 FRANKLYN RD | 2026-01 | $357,900 | 1,308 | 45.9% |
| 19 HARDWICK DR | 2025-11 | $395,000 | 1,442 | 55.2% |
| 13 DORSET DR | 2025-07 | $356,000 | 1,328 | 48.5% |
| 21 DORSET DR | 2025-04 | $337,500 | 1,328 | 52.1% |
| 38 RUNNING BROOK RD W | 2025-12 | $565,000 | 1,362 | 40.7% |
| 140 CRESCENT AVE | 2026-05 | $300,000 | 1,200 | 57.6% |
| 45 BROWNING AVE | 2025-08 | $390,000 | 1,450 | 58.7% |
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