The Fair Share Report
16 Devon Rd
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 $693,740 – $919,723, 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 $832,471 home should be assessed near $247,161.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $11,939 above what the ratio math suggests (4.8%).
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%43%
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 |
|---|---|---|---|---|
| 8 MARY ELLEN DR | 2025-12 | $960,000 | 2,194 | 26.7% |
| 5 MONTVIEW RD | 2025-10 | $680,000 | 2,138 | 29.3% |
| 14 DEVON RD | 2025-08 | $890,000 | 2,292 | 27.7% |
| 4 WHITEWOOD RD | 2025-06 | $880,000 | 2,178 | 28.1% |
| 2 DEY PL | 2026-05 | $626,000 | 2,118 | 26.6% |
| 11 PARKER RD | 2026-04 | $825,000 | 2,098 | 25.5% |
| 23 HARDING AVE | 2026-01 | $750,000 | 2,080 | 25.6% |
| 32 MARY ELLEN DR | 2025-11 | $950,000 | 2,038 | 21.7% |
| 24 TIMBER RD | 2025-06 | $650,000 | 1,968 | 18.5% |
| 3996 PARK AVE | 2026-03 | $975,000 | 2,184 | 25.5% |
| 33 NOTTINGHAM RD | 2026-03 | $999,999 | 2,340 | 23.7% |
| 26 TIMBER RD | 2026-02 | $780,000 | 1,924 | 27.6% |
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