The Fair Share Report
59 Perry Dr
Ewing, NJ 07208
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $536,871 – $819,282, from 12 comparable Ewing sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Ewing assessments sit below market value — republished every October, applied town-wide. A $750,677 home should be assessed near $474,428.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $85,072 above what the ratio math suggests (17.9%).
Step 4 · The tax rate — same for every Ewing home
$2.100 Schools · 52% $0.894 County · 22% $1.057 Town · 26%
Step 5 · The bill
This home vs. every recent Ewing sale · assessed ÷ market
39%110%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1657-59 PENNINGTON RD | 2025-09 | $564,000 | 3,803 | 58.9% |
| 3 MANSION HILL DR | 2026-05 | $762,500 | 3,920 | 68.2% |
| 722 RIVER RD | 2025-11 | $580,000 | 3,209 | 65.3% |
| 700 RIVER RD | 2025-08 | $545,000 | 3,837 | 62.4% |
| 2 WOODFERN AVE | 2025-09 | $730,000 | 3,276 | 53.6% |
| 61 WILLIS DR | 2026-03 | $620,000 | 2,954 | 58.7% |
| 59 WILLIS DR | 2025-08 | $590,000 | 3,000 | 60.3% |
| 3 WOODBURY RD | 2025-04 | $605,000 | 4,146 | 61.3% |
| 15 DUFFIELD DR | 2025-10 | $540,000 | 2,990 | 56.6% |
| 551 HINCKLE AVE | 2025-01 | $625,000 | 2,856 | 61.8% |
| 3 SEVEN OAKS LN | 2025-12 | $550,000 | 2,599 | 64.3% |
| 1218 LOWER FERRY RD | 2025-07 | $455,000 | 3,032 | 61.7% |
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