The Fair Share Report
16 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 $549,285 – $744,970, 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 $593,162 home should be assessed near $176,110.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $14,190 above what the ratio math suggests (8.1%).
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 |
|---|---|---|---|---|
| 23 BARLOW RD | 2026-02 | $565,000 | 1,632 | 28.6% |
| 134 LAKE VIEW BLVD | 2025-12 | $520,000 | 1,688 | 31.7% |
| 34 GRANDVIEW AVE | 2025-05 | $656,000 | 1,630 | 27.5% |
| 5 MEYER RD | 2026-01 | $572,000 | 1,610 | 26.0% |
| 162 HILLCREST AVE | 2025-01 | $580,000 | 1,632 | 22.5% |
| 19 KESTER DR | 2025-04 | $740,070 | 1,640 | 25.9% |
| 1 HALLO ST | 2026-01 | $695,000 | 1,604 | 30.2% |
| 37 WILK RD | 2025-06 | $725,001 | 1,758 | 30.3% |
| 23 BROX RD | 2025-01 | $636,000 | 1,532 | 30.4% |
| 87 UNION AVE | 2026-04 | $580,000 | 1,728 | 25.8% |
| 33 ALTAMONT RD | 2025-06 | $540,000 | 1,625 | 28.3% |
| 13 SMALLEY RD | 2025-02 | $640,000 | 1,790 | 26.1% |
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