The Fair Share Report

77 Nancy Ln

Ewing, NJ 08638

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

≈ $414,467

Likely range $400,501 – $461,381, 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 $414,467 home should be assessed near $261,943.

Step 3 · Assessed value

$226,900

Set at the last town-wide revaluation and mostly frozen since. That's $35,043 below what the ratio math suggests (13.4%).

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%

Step 5 · The bill

$9,192/yr
Public schools$4,765
Mercer County$2,028
Town of Ewing$2,398
Ewing average$8,367

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

Town median 55.0%
This home · 54.7%

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)

AddressSoldPriceSq ftRatio
51 VAN DUYN DR2026-04$415,0001,55855.0%
4 HEATHER DR2024-12$450,0001,54454.0%
525 CLEARDALE AVE2026-02$400,0001,54554.0%
30 CHELMSFORD CT2026-01$400,0001,60247.9%
14 FARM RD2025-09$450,0001,63257.2%
11 COREY DR2026-03$485,0001,61051.0%
4 WESTWOOD DR2025-11$510,0001,70053.6%
7 CLIVE CT2025-01$435,0001,36051.4%
726 RIVER RD2025-03$399,0001,57566.4%
2115 PENNINGTON RD2025-08$475,0001,66071.3%
935 BEAR TAVERN RD2025-05$500,0001,43449.9%
318 SUTHERLAND RD2025-08$377,5001,44066.9%

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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 →