The Fair Share Report

62 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

≈ $548,185

Likely range $456,711 – $587,242, 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 $548,185 home should be assessed near $346,453.

Step 3 · Assessed value

$384,300

Set at the last town-wide revaluation and mostly frozen since. That's $37,847 above what the ratio math suggests (10.9%).

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

$15,568/yr
Public schools$8,070
Mercer County$3,436
Town of Ewing$4,062
Ewing average$8,367

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

Town median 55.0%
This home · 70.1%

39%90%

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
12 CURRIER WAY2025-03$535,0002,39457.7%
6 HICKORY HILL DR2025-10$454,8182,52660.4%
1148 RIVER RD2025-07$505,0002,51751.8%
34 LOPATCONG DR2026-05$515,0002,67652.6%
6 ROCKLEIGH DR2026-05$450,0002,20862.2%
5 LOPATCONG DR2025-09$517,0002,18451.9%
92 LOCHATONG RD2025-08$599,0002,30460.6%
980 BEAR TAVERN RD2026-03$596,0002,37849.3%
2 BYWOOD LN2025-01$465,0002,52466.0%
6 VAN GOGH CT2026-03$525,0002,02653.4%
4 OLD FORGE LN2026-02$559,0002,45358.8%
15 BARBARA LN2026-03$505,9002,24857.3%

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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 →