The Fair Share Report

97 Green Ln

Ewing, NJ 07701

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

≈ $314,677

Likely range $198,153 – $351,462, 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 $314,677 home should be assessed near $198,876.

Step 3 · Assessed value

$157,500

Set at the last town-wide revaluation and mostly frozen since. That's $41,376 below what the ratio math suggests (20.8%).

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

$6,380/yr
Public schools$3,308
Mercer County$1,408
Town of Ewing$1,665
Ewing average$8,367

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

Town median 55.0%
This home · 50.1%

39%85%

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
99 PENNWOOD DR2025-03$170,0001,250101.9%
1003 TERRACE BLVD2025-01$242,0001,21279.6%
47 SOMERSET ST2025-01$185,0001,339117.7%
161 FRANKLYN RD2026-01$357,9001,30845.9%
13 DORSET DR2025-07$356,0001,32848.5%
21 DORSET DR2025-04$337,5001,32852.1%
53 FARRELL AVE2025-01$330,0001,26046.4%
1700 FIFTH ST2025-05$260,0001,28152.0%
18 DIXFIELD AVE2025-10$180,0001,26990.1%
33 SHERBROOKE RD2026-04$325,0001,33663.9%
9 WESTON RD2026-05$382,0001,15237.3%
117 BROWNING AVE2025-12$290,1011,34461.6%

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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 →