The Fair Share Report
161 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 $483,570 – $617,433, 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 $524,102 home should be assessed near $331,232.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $22,232 below what the ratio math suggests (6.7%).
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 |
|---|---|---|---|---|
| 12 SANDY LN | 2025-05 | $608,000 | 2,237 | 61.0% |
| 15 BARBARA LN | 2026-03 | $505,900 | 2,248 | 57.3% |
| 3 SEVEN OAKS LN | 2025-12 | $550,000 | 2,599 | 64.3% |
| 2264 PENNINGTON RD | 2025-09 | $470,000 | 2,316 | 75.2% |
| 92 LOCHATONG RD | 2025-08 | $599,000 | 2,304 | 60.6% |
| 5 LOPATCONG DR | 2025-09 | $517,000 | 2,184 | 51.9% |
| 15 BROPHY DR | 2026-01 | $454,500 | 2,052 | 71.6% |
| 4 LOCKE CT | 2026-01 | $615,000 | 2,248 | 57.2% |
| 6 ROCKLEIGH DR | 2026-05 | $450,000 | 2,208 | 62.2% |
| 980 BEAR TAVERN RD | 2026-03 | $596,000 | 2,378 | 49.3% |
| 8 HIGHACRES AVE | 2026-01 | $500,000 | 2,176 | 57.0% |
| 4 RIVERVIEW DR | 2026-03 | $610,000 | 2,244 | 61.3% |
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