The Fair Share Report
12 Pine St
Edison, NJ 08817
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 $425,660 – $561,880, from 12 comparable Edison sales in the past 18 months, at this home's 1,128 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 $483,143 home should be assessed near $143,445.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $12,745 below what the ratio math suggests (8.9%).
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%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 |
|---|---|---|---|---|
| 13 MERCURY RD | 2025-05 | $885,000 | 1,116 | 15.8% |
| 27 GLENVILLE RD | 2026-05 | $480,000 | 1,080 | 25.2% |
| 13A GARFIELD PARK | 2026-05 | $350,000 | 1,073 | 16.2% |
| 27 STILES RD | 2026-04 | $451,000 | 1,071 | 26.0% |
| 31 GOLD ST | 2025-10 | $545,000 | 1,158 | 28.0% |
| 63 PLAINFIELD AVE | 2025-12 | $426,500 | 1,164 | 32.1% |
| 6 SCHUYLER DR | 2025-07 | $530,000 | 1,064 | 24.9% |
| 19 BROOKVILLE RD | 2025-02 | $400,000 | 1,060 | 29.9% |
| 340 OLD POST RD | 2026-04 | $525,000 | 1,118 | 27.1% |
| 20 MELVILLE RD | 2025-09 | $562,890 | 1,064 | 22.8% |
| 39 COLTON RD | 2025-06 | $250,000 | 1,208 | 47.4% |
| 6 MIKO RD | 2025-06 | $430,000 | 1,120 | 20.0% |
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