The Fair Share Report

8 Devon Ave

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

≈ $328,030

Likely range $246,897 – $360,974, 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 $328,030 home should be assessed near $207,315.

Step 3 · Assessed value

$159,100

Set at the last town-wide revaluation and mostly frozen since. That's $48,215 below what the ratio math suggests (23.3%).

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

$6,445/yr
Public schools$3,341
Mercer County$1,422
Town of Ewing$1,682
Ewing average$8,367

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

Town median 55.0%
This home · 48.5%

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
2 DORSET DR2025-06$280,0001,36864.1%
117 BROWNING AVE2025-12$290,1011,34461.6%
38 RUNNING BROOK RD W2025-12$565,0001,36240.7%
844 LOWER FERRY RD2025-06$350,0001,38644.4%
99 PENNWOOD DR2025-03$170,0001,250101.9%
2200 COLUMBIA AVE2025-02$402,0001,37846.4%
109 CARLTON AVE2025-02$305,0001,16651.7%
1003 TERRACE BLVD2025-01$242,0001,21279.6%
20 ROCKLAND RD2026-03$240,0001,22092.3%
318 SUTHERLAND RD2025-08$377,5001,44066.9%
161 FRANKLYN RD2026-01$357,9001,30845.9%
20 RUNNING BROOK RD W2026-05$405,0001,35652.4%

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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 →