The Fair Share Report

34 Perry Dr

Ewing, NJ 08628

The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.

This home's payments are about right

It sits inside Ewing's normal range — market price changes haven't singled it out. No case for a tax appeal.

Step 1 · Market value

≈ $446,964

Likely range $404,065 – $486,854, 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 $446,964 home should be assessed near $282,481.

Step 3 · Assessed value

$259,700

Set at the last town-wide revaluation and mostly frozen since. That's $22,781 below what the ratio math suggests (8.1%).

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

$10,520/yr
Public schools$5,454
Mercer County$2,322
Town of Ewing$2,745
Ewing average$8,367

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

Town median 55.0%
This home · 58.1%

39%78%

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

AddressSoldPriceSq ftRatio
4 WESTWOOD DR2025-11$510,0001,70053.6%
30 CHELMSFORD CT2026-01$400,0001,60247.9%
2115 PENNINGTON RD2025-08$475,0001,66071.3%
954 BEAR TAVERN RD2025-05$450,0001,82053.7%
1 HIGHACRES AVE2025-10$475,0001,49360.2%
51 VAN DUYN DR2026-04$415,0001,55855.0%
100 CARNINE AVE2026-05$450,0001,84255.0%
726 RIVER RD2025-03$399,0001,57566.4%
2 ROCKLEIGH DR2026-05$450,0001,83657.1%
5 COREY DR2025-12$490,0001,83654.9%
202 W UPPER FERRY RD2025-11$360,0001,82667.0%
4 HEATHER DR2024-12$450,0001,54454.0%

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