The Fair Share Report

32 Matthew 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

≈ $471,569

Likely range $460,216 – $529,923, from 12 comparable Ewing sales in the past 18 months, at this home's 2,045 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 $471,569 home should be assessed near $298,032.

Step 3 · Assessed value

$219,700

Set at the last town-wide revaluation and mostly frozen since. That's $78,332 below what the ratio math suggests (26.3%).

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

$8,900/yr
Public schools$4,614
Mercer County$1,964
Town of Ewing$2,322
Ewing average$8,367

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

Town median 55.0%
This home · 46.6%

36%78%

Keep quiet and enjoy it

This home's assessment ratio sits below the Ewing pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

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

AddressSoldPriceSq ftRatio
15 BROPHY DR2026-01$454,5002,05271.6%
12 SANDY LN2025-05$608,0002,23761.0%
18 JACOB CT2026-01$410,0001,77850.6%
8 MISTY MORN LN2025-12$467,5002,04451.1%
15 BARBARA LN2026-03$505,9002,24857.3%
31 BROPHY DR2025-01$480,0001,90865.7%
3 BENT TWIG LN2026-05$450,0001,99252.8%
6 VAN GOGH CT2026-03$525,0002,02653.4%
12 REBECCA CT2025-05$350,0002,18960.2%
107 HONEYSUCKLE DR2025-03$535,0002,18858.1%
92 LOCHATONG RD2025-08$599,0002,30460.6%
5 LOPATCONG DR2025-09$517,0002,18451.9%

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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 →