The Fair Share Report

708 River Rd

Ewing, NJ 08628

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

≈ $512,123

Likely range $443,270 – $602,667, 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 $512,123 home should be assessed near $323,662.

Step 3 · Assessed value

$334,600

Set at the last town-wide revaluation and mostly frozen since. That's $10,938 above what the ratio math suggests (3.4%).

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%

This home's own bill implies $3.976 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$13,305/yr
Public schools$6,897
Mercer County$2,936
Town of Ewing$3,471
Ewing average$8,367

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

Town median 55.0%
This home · 65.3%

39%81%

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
6 ROCKLEIGH DR2026-05$450,0002,20862.2%
20 DELAWARE AVE2026-01$545,0002,37854.6%
5 LOPATCONG DR2025-09$517,0002,18451.9%
1148 RIVER RD2025-07$505,0002,51751.8%
12 CURRIER WAY2025-03$535,0002,39457.7%
980 BEAR TAVERN RD2026-03$596,0002,37849.3%
92 LOCHATONG RD2025-08$599,0002,30460.6%
6 VAN GOGH CT2026-03$525,0002,02653.4%
15 BARBARA LN2026-03$505,9002,24857.3%
6 HICKORY HILL DR2025-10$454,8182,52660.4%
36 LOCHATONG RD2026-04$600,0002,29959.1%
12 MONTAGUE AVE2025-11$560,0001,97151.5%

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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 →