The Fair Share Report

768 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

≈ $342,372

Likely range $144,335 – $478,195, 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 $342,372 home should be assessed near $216,379.

Step 3 · Assessed value

$175,000

Set at the last town-wide revaluation and mostly frozen since. That's $41,379 below what the ratio math suggests (19.1%).

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 $3.968 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$6,943/yr
Public schools$3,599
Mercer County$1,532
Town of Ewing$1,812
Ewing average$8,367

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

Town median 55.0%
This home · 51.1%

31%127%

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
99 PENNWOOD DR2025-03$170,0001,250101.9%
130 GOULD AVE2025-10$325,0001,27463.3%
1003 TERRACE BLVD2025-01$242,0001,21279.6%
935 BEAR TAVERN RD2025-05$500,0001,43449.9%
562 WASHINGTON AVE2025-07$437,0001,39166.6%
7 CLIVE CT2025-01$435,0001,36051.4%
7 HINCKLE AVE2025-12$480,0001,35349.6%
860 LOWER FERRY RD #2-K2026-04$130,0001,27638.3%
860 LOWER FERRY RD #5-F2025-04$150,0001,27632.9%
42 RUNNING BROOK RD W2026-04$450,0001,14446.4%
1205 PARKWAY AVE2026-06$350,0001,43249.4%
860 LOWER FERRY RD #6-D2025-10$150,0001,26040.1%

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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 →