The Fair Share Report

820 River Rd

Ewing, NJ 08628

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

≈ $452,720

Likely range $432,285 – $531,888, 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 $452,720 home should be assessed near $286,119.

Step 3 · Assessed value

$255,400

Set at the last town-wide revaluation and mostly frozen since. That's $30,719 below what the ratio math suggests (10.7%).

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

$10,346/yr
Public schools$5,363
Mercer County$2,283
Town of Ewing$2,700
Ewing average$8,367

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

Town median 55.0%
This home · 56.4%

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
202 W UPPER FERRY RD2025-11$360,0001,82667.0%
100 CARNINE AVE2026-05$450,0001,84255.0%
2 ROCKLEIGH DR2026-05$450,0001,83657.1%
5 COREY DR2025-12$490,0001,83654.9%
954 BEAR TAVERN RD2025-05$450,0001,82053.7%
24 FEDERAL CITY RD2025-12$445,0001,87050.1%
2 VAN SAUN DR2026-01$520,0001,83652.2%
4 WESTWOOD DR2025-11$510,0001,70053.6%
63 CARLTON AVE2025-07$350,0001,92062.0%
7 SOMMERS RD2025-10$402,6002,03668.1%
2115 PENNINGTON RD2025-08$475,0001,66071.3%
19 METEKUNK DR2025-08$575,0001,92953.3%

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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 →