I would think if you ping 65.162.185.1 from your workstation, it would reply since it is its own IP. If your workstation tried to ping another host on 65.162.185.0/24 it wouldn't get to the router to be nat'd because it the destination is local. A lot of it has to do with what subnet mask you are using.
Pinging from workstation 65.162.185.1 (your PC)
1. check to see if ping destination is self
2. check to see if ping destination is on local subnet
If neither of the above steps are true, the ping will go to the default gateway (router).
In short, depending on the way you subnet masks are setup, the ping won't go outside of your local subnet.