The Fair Share Report

5 Willowood 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

≈ $525,285

Likely range $484,662 – $587,328, 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 $525,285 home should be assessed near $331,980.

Step 3 · Assessed value

$350,800

Set at the last town-wide revaluation and mostly frozen since. That's $18,820 above what the ratio math suggests (5.7%).

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

$14,211/yr
Public schools$7,367
Mercer County$3,136
Town of Ewing$3,708
Ewing average$8,367

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

Town median 55.0%
This home · 66.8%

39%78%

Paying about right

This home's ratio lands inside Ewing's normal band. The drift hasn't singled it out — no case for a tax appeal.

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

AddressSoldPriceSq ftRatio
92 LOCHATONG RD2025-08$599,0002,30460.6%
5 LOPATCONG DR2025-09$517,0002,18451.9%
15 BARBARA LN2026-03$505,9002,24857.3%
6 ROCKLEIGH DR2026-05$450,0002,20862.2%
12 SANDY LN2025-05$608,0002,23761.0%
15 BROPHY DR2026-01$454,5002,05271.6%
11 METEKUNK DR2026-06$640,0002,20459.4%
980 BEAR TAVERN RD2026-03$596,0002,37849.3%
12 CURRIER WAY2025-03$535,0002,39457.7%
19 METEKUNK DR2025-08$575,0001,92953.3%
2264 PENNINGTON RD2025-09$470,0002,31675.2%
2 BYWOOD LN2025-01$465,0002,52466.0%

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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 →