The Fair Share Report

41 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

≈ $512,201

Likely range $417,773 – $584,775, 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 $512,201 home should be assessed near $323,711.

Step 3 · Assessed value

$373,000

Set at the last town-wide revaluation and mostly frozen since. That's $49,289 above what the ratio math suggests (15.2%).

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

$15,110/yr
Public schools$7,833
Mercer County$3,335
Town of Ewing$3,943
Ewing average$8,367

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

Town median 55.0%
This home · 72.8%

39%95%

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 BARBARA LN2026-03$505,9002,24857.3%
12 SANDY LN2025-05$608,0002,23761.0%
92 LOCHATONG RD2025-08$599,0002,30460.6%
5 LOPATCONG DR2025-09$517,0002,18451.9%
15 BROPHY DR2026-01$454,5002,05271.6%
6 ROCKLEIGH DR2026-05$450,0002,20862.2%
12 CURRIER WAY2025-03$535,0002,39457.7%
12 REBECCA CT2025-05$350,0002,18960.2%
20 BERNARD DR2025-10$480,0002,75972.2%
6 HICKORY HILL DR2025-10$454,8182,52660.4%
8 BECKETT CT2026-04$350,0001,83762.3%
31 BROPHY DR2025-01$480,0001,90865.7%

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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 →