The Fair Share Report

84 Willis 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

≈ $539,948

Likely range $478,464 – $600,625, 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 $539,948 home should be assessed near $341,247.

Step 3 · Assessed value

$339,700

Set at the last town-wide revaluation and mostly frozen since. That's $1,547 below what the ratio math suggests (0.5%).

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

$13,761/yr
Public schools$7,134
Mercer County$3,037
Town of Ewing$3,591
Ewing average$8,367

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

Town median 55.0%
This home · 62.9%

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
12 SANDY LN2025-05$608,0002,23761.0%
2264 PENNINGTON RD2025-09$470,0002,31675.2%
4 LOCKE CT2026-01$615,0002,24857.2%
8 HIGHACRES AVE2026-01$500,0002,17657.0%
15 BARBARA LN2026-03$505,9002,24857.3%
4 RIVERVIEW DR2026-03$610,0002,24461.3%
114 MOUNTAIN VIEW RD2025-05$485,0001,92456.4%
15 BROPHY DR2026-01$454,5002,05271.6%
92 LOCHATONG RD2025-08$599,0002,30460.6%
5 LOPATCONG DR2025-09$517,0002,18451.9%
19 METEKUNK DR2025-08$575,0001,92953.3%
1 PARDEE PL2025-09$575,0002,31357.2%

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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 →