The Fair Share Report

50 Second St

Edison, NJ 08837

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.

Step 1 · Market value

≈ $492,442

Likely range $359,156 – $574,740, from 12 comparable Edison sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

29.69%

The state's official measure of how far Edison assessments sit below market value — republished every October, applied town-wide. A $492,442 home should be assessed near $146,206.

Step 3 · Assessed value

$126,200

Set at the last town-wide revaluation and mostly frozen since. That's $20,006 below what the ratio math suggests (13.7%).

Step 4 · The tax rate — same for every Edison home

$5.724 per $100 assessed

$3.139 Schools · 55% $0.990 County · 17% $1.595 Town · 28%

Step 5 · The bill

$7,510/yr
Public schools$4,119
Middlesex County$1,299
Town of Edison$2,093
Edison average$10,584

This home vs. every recent Edison sale · assessed ÷ market

Town median 26.2%
This home · 25.6%

17%41%

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)

AddressSoldPriceSq ftRatio
14 ROGER RD2026-02$438,0001,20028.6%
58 ROSE ST2025-10$525,2001,32624.2%
23 WINTHROP RD2025-02$510,0001,28823.6%
150 PROSPECT AVE2025-01$436,0001,44027.4%
75 CHRISTIE ST2025-03$636,0001,28831.7%
114 GARDEN TERR2025-09$500,0001,16424.7%
12 BRADLEY DR2025-09$560,0001,10826.8%
39 COLTON RD2025-06$250,0001,20847.4%
9 BACK DR2025-07$730,0001,19624.0%
61 DULEY AVE2026-06$400,0001,44030.2%
23 MORGAN DR2025-05$547,0001,44025.2%
57 COLUMBUS AVE2026-01$525,0001,39626.4%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →