The Fair Share Report

12 Perry Dr

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

≈ $493,801

Likely range $462,031 – $537,211, from 12 comparable Ewing sales in the past 18 months, at this home's 2,086 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 $493,801 home should be assessed near $312,082.

Step 3 · Assessed value

$300,400

Set at the last town-wide revaluation and mostly frozen since. That's $11,682 below what the ratio math suggests (3.7%).

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

$12,169/yr
Public schools$6,308
Mercer County$2,686
Town of Ewing$3,175
Ewing average$8,367

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

Town median 55.0%
This home · 60.8%

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
7 SOMMERS RD2025-10$402,6002,03668.1%
20 DELAWARE AVE2026-01$545,0002,37854.6%
6 VAN GOGH CT2026-03$525,0002,02653.4%
202 W UPPER FERRY RD2025-11$360,0001,82667.0%
24 FEDERAL CITY RD2025-12$445,0001,87050.1%
11 METEKUNK DR2026-06$640,0002,20459.4%
6 ROCKLEIGH DR2026-05$450,0002,20862.2%
113 UPPER FERRY RD2025-06$490,0001,95469.2%
5 LOPATCONG DR2025-09$517,0002,18451.9%
3 BENT TWIG LN2026-05$450,0001,99252.8%
19 DIANE DR2025-07$530,0002,05850.1%
36 LOCHATONG RD2026-04$600,0002,29959.1%

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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 →