The Fair Share Report
4 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 $461,568 – $584,304, 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 $500,636 home should be assessed near $148,639.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $11,839 below what the ratio math suggests (8.0%).
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 WINTHROP RD | 2025-02 | $510,000 | 1,288 | 23.6% |
| 44 STILES RD | 2026-05 | $585,000 | 1,317 | 21.9% |
| 86 ALBERT AVE | 2025-04 | $365,000 | 1,270 | 24.1% |
| 115 OVINGTON AVE | 2026-05 | $526,000 | 1,348 | 23.0% |
| 12 BROOKVILLE RD | 2025-12 | $550,000 | 1,359 | 24.2% |
| 39 COLTON RD | 2025-06 | $250,000 | 1,208 | 47.4% |
| 10 WILLOW AVE | 2026-01 | $522,500 | 1,368 | 25.3% |
| 75 CHRISTIE ST | 2025-03 | $636,000 | 1,288 | 31.7% |
| 834 AMBOY AVE | 2025-09 | $470,000 | 1,378 | 33.5% |
| 17 HALLO ST | 2025-05 | $715,000 | 1,312 | 28.2% |
| 49 GOOD LUCK ST | 2026-02 | $689,000 | 1,260 | 23.1% |
| 14 ROGER RD | 2026-02 | $438,000 | 1,200 | 28.6% |
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