The Fair Share Report

716 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

≈ $534,995

Likely range $430,361 – $605,777, 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 $534,995 home should be assessed near $338,117.

Step 3 · Assessed value

$433,600

Set at the last town-wide revaluation and mostly frozen since. That's $95,483 above what the ratio math suggests (28.2%).

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

$17,565/yr
Public schools$9,106
Mercer County$3,876
Town of Ewing$4,583
Ewing average$8,367

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

Town median 55.0%
This home · 81.0%

39%106%

A touch high — worth watching

This home's ratio sits above most of Ewing, but doesn't clear NJ's legal appeal line (72.68%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
722 RIVER RD2025-11$580,0003,20965.3%
1419 PENNINGTON RD2026-01$352,0002,32672.2%
59 WILLIS DR2025-08$590,0003,00060.3%
61 WILLIS DR2026-03$620,0002,95458.7%
14 CENTRAL AVE E2025-07$385,0002,53860.9%
1218 LOWER FERRY RD2025-07$455,0003,03261.7%
1657-59 PENNINGTON RD2025-09$564,0003,80358.9%
700 RIVER RD2025-08$545,0003,83762.4%
34 LOPATCONG DR2026-05$515,0002,67652.6%
20 BERNARD DR2025-10$480,0002,75972.2%
20 DELAWARE AVE2026-01$545,0002,37854.6%
2 BYWOOD LN2025-01$465,0002,52466.0%

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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 →