The Fair Share Report
12 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 $953,073 – $1,331,557, from 12 comparable Edison 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 Edison assessments sit below market value — republished every October, applied town-wide. A $1,036,945 home should be assessed near $307,869.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $61,231 above what the ratio math suggests (19.9%).
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%44%
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 |
|---|---|---|---|---|
| 10 WYNDMOOR WAY | 2025-04 | $1,200,000 | 3,088 | 28.1% |
| 28 MARSHALL DR | 2025-11 | $1,344,000 | 3,408 | 25.5% |
| 26 REMINGTON DR | 2025-05 | $1,320,000 | 3,504 | 25.9% |
| 41 JONATHAN DR | 2025-09 | $875,000 | 2,912 | 29.6% |
| 27 TIMBER RD | 2025-04 | $906,300 | 3,185 | 26.9% |
| 70 LIVINGSTON AVE | 2025-12 | $741,111 | 2,912 | 31.4% |
| 95 UNION AVE | 2025-11 | $930,000 | 3,240 | 25.9% |
| 8 RENEE CT | 2025-07 | $1,300,000 | 3,335 | 29.8% |
| 36 CLIVE HILLS RD | 2025-12 | $980,001 | 3,115 | 41.3% |
| 9 MARLIN AVE WEST | 2025-11 | $900,000 | 3,066 | 32.9% |
| 18 MULBERRY LANE | 2025-10 | $1,135,000 | 3,694 | 31.5% |
| 24 STEPHENVILLE PKWY | 2026-02 | $1,010,000 | 3,368 | 25.1% |
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