The Fair Share Report

75 Lanning St

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

≈ $316,486

Likely range $165,703 – $355,282, 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 $316,486 home should be assessed near $200,019.

Step 3 · Assessed value

$153,700

Set at the last town-wide revaluation and mostly frozen since. That's $46,319 below what the ratio math suggests (23.2%).

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%

This home's own bill implies $3.888 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$5,976/yr
Public schools$3,098
Mercer County$1,319
Town of Ewing$1,559
Ewing average$8,367

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

Town median 55.0%
This home · 48.6%

38%98%

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
161 FRANKLYN RD2026-01$357,9001,30845.9%
33 SHERBROOKE RD2026-04$325,0001,33663.9%
18 DIXFIELD AVE2025-10$180,0001,26990.1%
99 PENNWOOD DR2025-03$170,0001,250101.9%
13 DORSET DR2025-07$356,0001,32848.5%
21 DORSET DR2025-04$337,5001,32852.1%
2 DORSET DR2025-06$280,0001,36864.1%
28 BRATTLE ST2025-03$200,0001,36269.0%
844 LOWER FERRY RD2025-06$350,0001,38644.4%
40 HARDWICK DR2025-02$399,0001,43851.3%
53 FARRELL AVE2025-01$330,0001,26046.4%
20 ROCKLAND RD2026-03$240,0001,22092.3%

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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 →