The Fair Share Report
13 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 $463,718 – $655,729, 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 $545,959 home should be assessed near $162,095.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $9,105 above what the ratio math suggests (5.6%).
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%42%
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 |
|---|---|---|---|---|
| 33 LARCHMONT RD | 2025-06 | $500,000 | 1,578 | 33.3% |
| 13 GLENCOURT AVE | 2026-01 | $470,000 | 1,551 | 34.9% |
| 2703 WOODBRIDGE AVE | 2026-04 | $450,000 | 1,600 | 28.5% |
| 16 BARLOW RD | 2025-08 | $655,000 | 1,622 | 24.7% |
| 33 ALTAMONT RD | 2025-06 | $540,000 | 1,625 | 28.3% |
| 23 BARLOW RD | 2026-02 | $565,000 | 1,632 | 28.6% |
| 14 PINE ST | 2026-03 | $520,000 | 1,728 | 28.5% |
| 5 MEYER RD | 2026-01 | $572,000 | 1,610 | 26.0% |
| 155 HILLCREST AVE | 2026-03 | $475,000 | 1,632 | 25.2% |
| 26 PARIS AVE | 2025-09 | $760,000 | 1,576 | 24.3% |
| 47 HILLCREST AVE | 2026-05 | $655,000 | 1,625 | 23.8% |
| 116 PLAYER AVE | 2025-10 | $560,000 | 1,478 | 28.3% |
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