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.
This home's full record →Check another house →
Step 1 · Market value
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
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
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
$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%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 14 ROGER RD | 2026-02 | $438,000 | 1,200 | 28.6% |
| 58 ROSE ST | 2025-10 | $525,200 | 1,326 | 24.2% |
| 23 WINTHROP RD | 2025-02 | $510,000 | 1,288 | 23.6% |
| 150 PROSPECT AVE | 2025-01 | $436,000 | 1,440 | 27.4% |
| 75 CHRISTIE ST | 2025-03 | $636,000 | 1,288 | 31.7% |
| 114 GARDEN TERR | 2025-09 | $500,000 | 1,164 | 24.7% |
| 12 BRADLEY DR | 2025-09 | $560,000 | 1,108 | 26.8% |
| 39 COLTON RD | 2025-06 | $250,000 | 1,208 | 47.4% |
| 9 BACK DR | 2025-07 | $730,000 | 1,196 | 24.0% |
| 61 DULEY AVE | 2026-06 | $400,000 | 1,440 | 30.2% |
| 23 MORGAN DR | 2025-05 | $547,000 | 1,440 | 25.2% |
| 57 COLUMBUS AVE | 2026-01 | $525,000 | 1,396 | 26.4% |
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