The Fair Share Report

87 Nancy Ln

Ewing, NJ 08638

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

≈ $415,544

Likely range $361,234 – $447,501, 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 $415,544 home should be assessed near $262,624.

Step 3 · Assessed value

$218,800

Set at the last town-wide revaluation and mostly frozen since. That's $43,824 below what the ratio math suggests (16.7%).

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

$8,864/yr
Public schools$4,595
Mercer County$1,956
Town of Ewing$2,313
Ewing average$8,367

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

Town median 55.0%
This home · 52.7%

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
4 HEATHER DR2024-12$450,0001,54454.0%
51 VAN DUYN DR2026-04$415,0001,55855.0%
30 CHELMSFORD CT2026-01$400,0001,60247.9%
120 SUSSEX ST2026-01$200,0001,64561.2%
19 HARDWICK DR2025-11$395,0001,44255.2%
212 NANCY LN2025-07$515,2121,57344.6%
328 EWINGVILLE RD2025-03$450,0001,43037.2%
991 TERRACE BLVD2026-02$375,0001,53648.9%
2 MCCARTHY DR2025-10$250,0001,58483.0%
36 THURSTON AVE2025-07$455,0001,61158.0%
13 BENT TWIG LN2025-04$380,0001,37257.0%
3 WALLACE AVE2025-12$325,0001,58153.3%

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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 →