The Fair Share Report

79 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

≈ $261,421

Likely range $174,532 – $362,216, 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 $261,421 home should be assessed near $165,218.

Step 3 · Assessed value

$151,600

Set at the last town-wide revaluation and mostly frozen since. That's $13,618 below what the ratio math suggests (8.2%).

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

$6,141/yr
Public schools$3,184
Mercer County$1,355
Town of Ewing$1,602
Ewing average$8,367

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

Town median 55.0%
This home · 58.0%

36%92%

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
53 FARRELL AVE2025-01$330,0001,26046.4%
99 PENNWOOD DR2025-03$170,0001,250101.9%
161 FRANKLYN RD2026-01$357,9001,30845.9%
13 DORSET DR2025-07$356,0001,32848.5%
21 DORSET DR2025-04$337,5001,32852.1%
18 DIXFIELD AVE2025-10$180,0001,26990.1%
33 SHERBROOKE RD2026-04$325,0001,33663.9%
1003 TERRACE BLVD2025-01$242,0001,21279.6%
47 SOMERSET ST2025-01$185,0001,339117.7%
28 BRATTLE ST2025-03$200,0001,36269.0%
442 VANNEST AVE2025-04$216,0001,29177.1%
142 BROAD AVE2025-09$350,0001,28455.7%

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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 →