The Fair Share Report
8 Wallace 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $268,790 – $450,398, from 12 comparable Ewing sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Ewing assessments sit below market value — republished every October, applied town-wide. A $350,111 home should be assessed near $221,270.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $45,770 below what the ratio math suggests (20.7%).
Step 4 · The tax rate — same for every Ewing home
$2.100 Schools · 52% $0.894 County · 22% $1.057 Town · 26%
Step 5 · The bill
This home vs. every recent Ewing sale · assessed ÷ market
34%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 7 HINCKLE AVE | 2025-12 | $480,000 | 1,353 | 49.6% |
| 1205 PARKWAY AVE | 2026-06 | $350,000 | 1,432 | 49.4% |
| 562 WASHINGTON AVE | 2025-07 | $437,000 | 1,391 | 66.6% |
| 1840 PENNINGTON RD | 2025-09 | $285,000 | 1,421 | 71.2% |
| 644 CONCORD CIR | 2025-12 | $425,000 | 1,503 | 49.5% |
| 503 EWINGVILLE RD | 2025-01 | $369,900 | 1,458 | 52.0% |
| 117 BROWNING AVE | 2025-12 | $290,101 | 1,344 | 61.6% |
| 99 PENNWOOD DR | 2025-03 | $170,000 | 1,250 | 101.9% |
| 318 SUTHERLAND RD | 2025-08 | $377,500 | 1,440 | 66.9% |
| 7 CLIVE CT | 2025-01 | $435,000 | 1,360 | 51.4% |
| 2 DORSET DR | 2025-06 | $280,000 | 1,368 | 64.1% |
| 844 LOWER FERRY RD | 2025-06 | $350,000 | 1,386 | 44.4% |
Is this your house?
Run your own report →