The Fair Share Report

35 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

≈ $571,608

Likely range $508,699 – $654,054, 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 $571,608 home should be assessed near $361,256.

Step 3 · Assessed value

$436,500

Set at the last town-wide revaluation and mostly frozen since. That's $75,244 above what the ratio math suggests (20.8%).

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

$17,683/yr
Public schools$9,167
Mercer County$3,902
Town of Ewing$4,614
Ewing average$8,367

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

Town median 55.0%
This home · 76.4%

39%91%

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
34 LOPATCONG DR2026-05$515,0002,67652.6%
1148 RIVER RD2025-07$505,0002,51751.8%
6 HICKORY HILL DR2025-10$454,8182,52660.4%
20 BERNARD DR2025-10$480,0002,75972.2%
2 WOODFERN AVE2025-09$730,0003,27653.6%
2 BYWOOD LN2025-01$465,0002,52466.0%
2 MATTATUCK LN2025-02$535,0002,68960.1%
722 RIVER RD2025-11$580,0003,20965.3%
12 CURRIER WAY2025-03$535,0002,39457.7%
1218 LOWER FERRY RD2025-07$455,0003,03261.7%
61 WILLIS DR2026-03$620,0002,95458.7%
59 WILLIS DR2025-08$590,0003,00060.3%

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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 →