The Fair Share Report

21 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

≈ $486,936

Likely range $405,548 – $542,345, 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 $486,936 home should be assessed near $307,744.

Step 3 · Assessed value

$311,300

Set at the last town-wide revaluation and mostly frozen since. That's $3,556 above what the ratio math suggests (1.2%).

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

$12,611/yr
Public schools$6,537
Mercer County$2,783
Town of Ewing$3,290
Ewing average$8,367

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

Town median 55.0%
This home · 63.9%

39%82%

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%
6 VAN GOGH CT2026-03$525,0002,02653.4%
113 UPPER FERRY RD2025-06$490,0001,95469.2%
4 BITTERSWEET RD2025-10$455,0002,15266.0%
19 DIANE DR2025-07$530,0002,05850.1%
3 BENT TWIG LN2026-05$450,0001,99252.8%
17 ACTON AVE2025-10$370,0001,91051.4%
24 FEDERAL CITY RD2025-12$445,0001,87050.1%
6 ROCKLEIGH DR2026-05$450,0002,20862.2%
310 PINGREE AVE2026-01$412,0002,11967.7%
12 MONTAGUE AVE2025-11$560,0001,97151.5%
13 LOPATCONG DR2026-01$507,5001,89049.2%

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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 →