The Fair Share Report
9 Newfane 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $364,006 – $438,652, 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 $407,327 home should be assessed near $257,431.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $59,631 below what the ratio math suggests (23.2%).
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
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 19 HARDWICK DR | 2025-11 | $395,000 | 1,442 | 55.2% |
| 4 HEATHER DR | 2024-12 | $450,000 | 1,544 | 54.0% |
| 51 VAN DUYN DR | 2026-04 | $415,000 | 1,558 | 55.0% |
| 30 CHELMSFORD CT | 2026-01 | $400,000 | 1,602 | 47.9% |
| 10 GLEN MAWR DR | 2025-11 | $425,000 | 1,457 | 55.4% |
| 40 HARDWICK DR | 2025-02 | $399,000 | 1,438 | 51.3% |
| 328 EWINGVILLE RD | 2025-03 | $450,000 | 1,430 | 37.2% |
| 9 AUBURN AVE | 2025-11 | $405,000 | 1,476 | 71.5% |
| 120 SUSSEX ST | 2026-01 | $200,000 | 1,645 | 61.2% |
| 13 BENT TWIG LN | 2025-04 | $380,000 | 1,372 | 57.0% |
| 2 MCCARTHY DR | 2025-10 | $250,000 | 1,584 | 83.0% |
| 3 WALLACE AVE | 2025-12 | $325,000 | 1,581 | 53.3% |
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