The Fair Share Report
1111 River Rd C19
Edgewater, NJ 07410
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 $404,612 – $520,491, from 12 comparable Edgewater sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Edgewater assessments sit below market value — republished every October, applied town-wide. A $499,346 home should be assessed near $446,865.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $175,865 below what the ratio math suggests (39.4%).
Step 4 · The tax rate — same for every Edgewater home
$0.714 Schools · 43% $0.247 County · 15% $0.683 Town · 42%
This home's own bill implies $1.557 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Edgewater sale · assessed ÷ market
47%108%
Keep quiet and enjoy it
This home's assessment ratio sits below the Edgewater pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 200 GRAND COVE WAY #5N | 2026-02 | $493,000 | 1,010 | 98.4% |
| 1111 RIVER ROAD #A16 | 2025-03 | $442,000 | 1,068 | 90.0% |
| 306 HANCOCK COURT | 2025-05 | $530,000 | 1,076 | 97.1% |
| 1111 RIVER ROAD #D5 | 2026-03 | $372,500 | 857 | 88.2% |
| 100 CROWN COURT | 2026-03 | $572,000 | 1,026 | 87.5% |
| 308 SMITH COURT | 2026-03 | $578,000 | 1,068 | 82.2% |
| 1100 RIVER ROAD #306 | 2025-04 | $480,000 | 986 | 95.3% |
| 1111 RIVER ROAD | 2026-03 | $454,000 | 1,175 | 93.5% |
| 100 GRAND COVE WAY | 2026-04 | $645,000 | 1,278 | 91.3% |
| 1111 RIVER ROAD #G5 | 2026-04 | $400,000 | 1,212 | 107.4% |
| 2309 CITY PLACE | 2025-03 | $425,000 | 943 | 95.0% |
| 100 GRAND COVE WAY | 2025-04 | $640,000 | 1,281 | 91.6% |
Is this your house?
Run your own report →