The Fair Share Report

40 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

≈ $563,133

Likely range $525,929 – $607,579, from 12 comparable Ewing sales in the past 18 months, at this home's 2,337 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 $563,133 home should be assessed near $355,900.

Step 3 · Assessed value

$381,200

Set at the last town-wide revaluation and mostly frozen since. That's $25,300 above what the ratio math suggests (7.1%).

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

$15,442/yr
Public schools$8,005
Mercer County$3,408
Town of Ewing$4,029
Ewing average$8,367

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

Town median 55.0%
This home · 67.7%

39%78%

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
15 TINA DR2025-11$545,0002,30953.9%
15 BARBARA LN2026-03$505,9002,24857.3%
1 PARDEE PL2025-09$575,0002,31357.2%
92 LOCHATONG RD2025-08$599,0002,30460.6%
4 BLUE RIDGE DR2025-07$551,5002,31867.7%
11 MOUNTAIN VIEW RD2026-06$525,0002,36056.1%
9 BLACKWOOD DR2025-10$585,0002,30865.8%
23 SABRINA DR2026-02$499,0002,32060.1%
12 SANDY LN2025-05$608,0002,23761.0%
27 COLLEEN CIR2025-07$560,0002,32454.0%
4 RIVERVIEW DR2026-03$610,0002,24461.3%
11 LOPATCONG DR2025-06$550,0002,27856.6%

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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 →