The Fair Share Report
125 Upper Ferry 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 $440,188 – $513,275, 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 $475,317 home should be assessed near $300,400.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $43,900 below what the ratio math suggests (14.6%).
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 |
|---|---|---|---|---|
| 100 CARNINE AVE | 2026-05 | $450,000 | 1,842 | 55.0% |
| 2 ROCKLEIGH DR | 2026-05 | $450,000 | 1,836 | 57.1% |
| 5 COREY DR | 2025-12 | $490,000 | 1,836 | 54.9% |
| 113 UPPER FERRY RD | 2025-06 | $490,000 | 1,954 | 69.2% |
| 13 LOPATCONG DR | 2026-01 | $507,500 | 1,890 | 49.2% |
| 24 FEDERAL CITY RD | 2025-12 | $445,000 | 1,870 | 50.1% |
| 4 WESTWOOD DR | 2025-11 | $510,000 | 1,700 | 53.6% |
| 2 VAN SAUN DR | 2026-01 | $520,000 | 1,836 | 52.2% |
| 202 W UPPER FERRY RD | 2025-11 | $360,000 | 1,826 | 67.0% |
| 2115 PENNINGTON RD | 2025-08 | $475,000 | 1,660 | 71.3% |
| 14 FARM RD | 2025-09 | $450,000 | 1,632 | 57.2% |
| 71 NANCY LN | 2025-07 | $461,000 | 1,771 | 50.5% |
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