The Fair Share Report
16 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 $589,923 – $826,715, 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 $747,862 home should be assessed near $222,040.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $7,440 below what the ratio math suggests (3.4%).
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 |
|---|---|---|---|---|
| 4 GALLO WAY | 2025-10 | $650,000 | 1,636 | 38.9% |
| 7 GENTORE CT | 2026-04 | $1,050,000 | 1,592 | 21.4% |
| 106 DELLWOOD RD | 2025-09 | $720,000 | 1,576 | 25.5% |
| 6 VENTNOR DR | 2025-08 | $848,000 | 1,800 | 25.4% |
| 34 REMINGTON DR | 2025-08 | $880,000 | 1,762 | 17.1% |
| 13 SMALLEY RD | 2025-02 | $640,000 | 1,790 | 26.1% |
| 37 DALE DR | 2026-05 | $815,000 | 1,964 | 27.5% |
| 6 WAYNE CT | 2025-10 | $825,000 | 1,822 | 28.6% |
| 23 BARLOW RD | 2026-02 | $565,000 | 1,632 | 28.6% |
| 38 REVERE BLVD | 2025-12 | $810,000 | 1,723 | 26.4% |
| 87 UNION AVE | 2026-04 | $580,000 | 1,728 | 25.8% |
| 24 MAGEE RD | 2026-03 | $530,000 | 1,598 | 29.5% |
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