The Fair Share Report

87 King 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

≈ $404,726

Likely range $390,501 – $435,407, 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 $404,726 home should be assessed near $255,787.

Step 3 · Assessed value

$188,400

Set at the last town-wide revaluation and mostly frozen since. That's $67,387 below what the ratio math suggests (26.3%).

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%

This home's own bill implies $3.918 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$7,382/yr
Public schools$3,827
Mercer County$1,629
Town of Ewing$1,926
Ewing average$8,367

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

Town median 55.0%
This home · 46.6%

38%78%

Keep quiet and enjoy it

This home's assessment ratio sits below the Ewing pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
4 HEATHER DR2024-12$450,0001,54454.0%
328 EWINGVILLE RD2025-03$450,0001,43037.2%
40 HARDWICK DR2025-02$399,0001,43851.3%
51 VAN DUYN DR2026-04$415,0001,55855.0%
19 HARDWICK DR2025-11$395,0001,44255.2%
13 BENT TWIG LN2025-04$380,0001,37257.0%
9 AUBURN AVE2025-11$405,0001,47671.5%
10 GLEN MAWR DR2025-11$425,0001,45755.4%
2 MCCARTHY DR2025-10$250,0001,58483.0%
45 BROWNING AVE2025-08$390,0001,45058.7%
30 CHELMSFORD CT2026-01$400,0001,60247.9%
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 →