The Fair Share Report
11 Jonathan Dr
Edison, NJ 08820
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 $827,639 – $939,798, from 12 comparable Edison sales in the past 18 months, at this home's 2,326 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Edison assessments sit below market value — republished every October, applied town-wide. A $857,237 home should be assessed near $254,514.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $25,014 below what the ratio math suggests (9.8%).
Step 4 · The tax rate — same for every Edison home
$3.139 Schools · 55% $0.990 County · 17% $1.595 Town · 28%
Step 5 · The bill
This home vs. every recent Edison sale · assessed ÷ market
17%40%
Paying about right
This home's ratio lands inside Edison's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 25 SHERWOOD RD | 2025-08 | $865,000 | 2,431 | 29.1% |
| 13 LYNNWOOD RD | 2025-02 | $820,000 | 2,275 | 28.6% |
| 3 HUMMINGBIRD LANE | 2026-03 | $915,000 | 2,275 | 26.2% |
| 64 ANNETTE DR | 2025-09 | $893,300 | 2,286 | 26.5% |
| 25 TURNER AVE | 2025-11 | $805,000 | 2,493 | 29.4% |
| 4 WHITEWOOD RD | 2025-06 | $880,000 | 2,178 | 28.1% |
| 2 WHITEWOOD RD | 2025-04 | $950,000 | 2,332 | 28.8% |
| 14 DEVON RD | 2025-08 | $890,000 | 2,292 | 27.7% |
| 10 CUTTER AVE | 2026-02 | $935,000 | 2,537 | 35.7% |
| 33 NOTTINGHAM RD | 2026-03 | $999,999 | 2,340 | 23.7% |
| 41 DALE DR | 2025-04 | $950,000 | 2,632 | 27.2% |
| 3 MEADOW RD | 2025-08 | $340,000 | 2,368 | 51.1% |
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