The Fair Share Report

23 Willis 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

≈ $555,290

Likely range $494,832 – $597,632, 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 $555,290 home should be assessed near $350,943.

Step 3 · Assessed value

$385,000

Set at the last town-wide revaluation and mostly frozen since. That's $34,057 above what the ratio math suggests (9.7%).

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

$15,596/yr
Public schools$8,085
Mercer County$3,442
Town of Ewing$4,069
Ewing average$8,367

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

Town median 55.0%
This home · 69.3%

39%83%

A touch high — worth watching

This home's ratio sits above most of Ewing, but doesn't clear NJ's legal appeal line (72.68%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
19 WINDYBUSH WAY2025-03$585,0002,63460.7%
20 BERNARD DR2025-10$480,0002,75972.2%
59 WILLIS DR2025-08$590,0003,00060.3%
2264 PENNINGTON RD2025-09$470,0002,31675.2%
2 BYWOOD LN2025-01$465,0002,52466.0%
61 WILLIS DR2026-03$620,0002,95458.7%
12 SANDY LN2025-05$608,0002,23761.0%
6 HICKORY HILL DR2025-10$454,8182,52660.4%
34 LOPATCONG DR2026-05$515,0002,67652.6%
980 BEAR TAVERN RD2026-03$596,0002,37849.3%
15 BARBARA LN2026-03$505,9002,24857.3%
92 LOCHATONG RD2025-08$599,0002,30460.6%

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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 →