The Fair Share Report
9 Downing 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $249,271 – $392,940, 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 $308,817 home should be assessed near $195,172.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $64,572 below what the ratio math suggests (33.1%).
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
28%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 |
|---|---|---|---|---|
| 1060 TERRACE BLVD | 2026-04 | $340,000 | 1,116 | 52.6% |
| 115 STRATFORD AVE | 2026-01 | $295,000 | 1,116 | 51.3% |
| 1164 LOWER FERRY RD | 2026-04 | $399,000 | 1,064 | 45.2% |
| 42 RUNNING BROOK RD W | 2026-04 | $450,000 | 1,144 | 46.4% |
| 972 TERRACE BLVD | 2025-10 | $380,000 | 1,164 | 50.3% |
| 109 CARLTON AVE | 2025-02 | $305,000 | 1,166 | 51.7% |
| 46 ROSEDALE AVE | 2025-06 | $246,000 | 1,112 | 61.1% |
| 46 ROSEDALE AVE | 2025-04 | $180,000 | 1,112 | 83.6% |
| 517 EWINGVILLE RD | 2025-10 | $260,000 | 1,080 | 70.7% |
| 161 ALBEMARLE AVE | 2025-07 | $385,000 | 1,152 | 51.6% |
| 1003 TERRACE BLVD | 2025-01 | $242,000 | 1,212 | 79.6% |
| 21 DECOU AVE | 2025-12 | $420,000 | 1,116 | 44.6% |
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