The Fair Share Report

9 Millard Ter

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

≈ $378,526

Likely range $322,047 – $411,430, from 12 comparable Ewing sales in the past 18 months, at this home's 1,492 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 $378,526 home should be assessed near $239,228.

Step 3 · Assessed value

$171,600

Set at the last town-wide revaluation and mostly frozen since. That's $67,628 below what the ratio math suggests (28.3%).

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%

Step 5 · The bill

$6,952/yr
Public schools$3,604
Mercer County$1,534
Town of Ewing$1,814
Ewing average$8,367

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

Town median 55.0%
This home · 45.3%

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
991 TERRACE BLVD2026-02$375,0001,53648.9%
10 OREGON AVE2025-08$387,0001,52054.4%
212 NANCY LN2025-07$515,2121,57344.6%
10 GLEN MAWR DR2025-11$425,0001,45755.4%
503 EWINGVILLE RD2025-01$369,9001,45852.0%
3 WALLACE AVE2025-12$325,0001,58153.3%
1840 PENNINGTON RD2025-09$285,0001,42171.2%
844 LOWER FERRY RD2025-06$350,0001,38644.4%
36 THURSTON AVE2025-07$455,0001,61158.0%
145 PALMER LN2025-08$455,0001,65047.1%
117 BROWNING AVE2025-12$290,1011,34461.6%
2 DORSET DR2025-06$280,0001,36864.1%

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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 →