The Fair Share Report

842 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

≈ $641,271

Likely range $532,434 – $711,855, from 12 comparable Ewing sales in the past 18 months, at this home's 3,548 sq ft.

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 $641,271 home should be assessed near $405,283.

Step 3 · Assessed value

$292,300

Set at the last town-wide revaluation and mostly frozen since. That's $112,983 below what the ratio math suggests (27.9%).

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

$11,841/yr
Public schools$6,138
Mercer County$2,613
Town of Ewing$3,090
Ewing average$8,367

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

Town median 55.0%
This home · 45.6%

36%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
700 RIVER RD2025-08$545,0003,83762.4%
1657-59 PENNINGTON RD2025-09$564,0003,80358.9%
2 WOODFERN AVE2025-09$730,0003,27653.6%
3 MANSION HILL DR2026-05$762,5003,92068.2%
722 RIVER RD2025-11$580,0003,20965.3%
3 WOODBURY RD2025-04$605,0004,14661.3%
1148 RIVER RD2025-07$505,0002,51751.8%
20 BERNARD DR2025-10$480,0002,75972.2%
59 WILLIS DR2025-08$590,0003,00060.3%
34 LOPATCONG DR2026-05$515,0002,67652.6%
61 WILLIS DR2026-03$620,0002,95458.7%
3 SEVEN OAKS LN2025-12$550,0002,59964.3%

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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 →