The Fair Share Report

7 Wakefield 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

≈ $588,411

Likely range $506,725 – $667,377, from 12 comparable Ewing sales in the past 18 months, at this home's 2,633 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 $588,411 home should be assessed near $371,876.

Step 3 · Assessed value

$298,400

Set at the last town-wide revaluation and mostly frozen since. That's $73,476 below what the ratio math suggests (19.8%).

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

$12,088/yr
Public schools$6,266
Mercer County$2,668
Town of Ewing$3,154
Ewing average$8,367

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

Town median 55.0%
This home · 50.7%

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
34 LOPATCONG DR2026-05$515,0002,67652.6%
2 MATTATUCK LN2025-02$535,0002,68960.1%
9 SABRINA DR2025-05$670,0002,53847.6%
27 FARM RD2025-06$672,0272,59256.2%
6 HICKORY HILL DR2025-10$454,8182,52660.4%
4 OLD FORGE LN2026-02$559,0002,45358.8%
14 CENTRAL AVE E2025-07$385,0002,53860.9%
1218 LOWER FERRY RD2025-07$455,0003,03261.7%
12 CURRIER WAY2025-03$535,0002,39457.7%
23 SABRINA DR2026-02$499,0002,32060.1%
11 MOUNTAIN VIEW RD2026-06$525,0002,36056.1%
20 DELAWARE AVE2026-01$545,0002,37854.6%

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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 →