The Fair Share Report

8 Hillside Ave

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

≈ $359,343

Likely range $277,504 – $395,947, 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 $359,343 home should be assessed near $227,105.

Step 3 · Assessed value

$181,300

Set at the last town-wide revaluation and mostly frozen since. That's $45,805 below what the ratio math suggests (20.2%).

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

$7,344/yr
Public schools$3,807
Mercer County$1,621
Town of Ewing$1,916
Ewing average$8,367

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

Town median 55.0%
This home · 50.5%

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
107 SUMMIT AVE2025-02$420,0001,34455.5%
10 GLEN MAWR DR2025-11$425,0001,45755.4%
123 BUTTONWOOD DR2025-04$370,0001,39249.8%
19 HARDWICK DR2025-11$395,0001,44255.2%
25 KINNEY DR2025-03$362,0001,42459.1%
1840 PENNINGTON RD2025-09$285,0001,42171.2%
844 LOWER FERRY RD2025-06$350,0001,38644.4%
40 HARDWICK DR2025-02$399,0001,43851.3%
535 LAFAYETTE AVE2025-02$395,0001,50850.2%
23 W UPPER FERRY RD2025-03$299,9001,23861.8%
106 RUTLEDGE AVE2025-07$235,0001,40267.0%
991 TERRACE BLVD2026-02$375,0001,53648.9%

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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 →