The Fair Share Report

6 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.

Step 1 · Market value

≈ $526,340

Likely range $500,261 – $567,632, 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 $526,340 home should be assessed near $156,270.

Step 3 · Assessed value

$145,800

Set at the last town-wide revaluation and mostly frozen since. That's $10,470 below what the ratio math suggests (6.7%).

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

$8,677/yr
Public schools$4,758
Middlesex County$1,501
Town of Edison$2,418
Edison average$10,584

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

Town median 26.2%
This home · 27.7%

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)

AddressSoldPriceSq ftRatio
10 WILLOW AVE2026-01$522,5001,36825.3%
834 AMBOY AVE2025-09$470,0001,37833.5%
12 BROOKVILLE RD2025-12$550,0001,35924.2%
115 OVINGTON AVE2026-05$526,0001,34823.0%
17 SULLIMAN RD2025-01$658,0001,41826.0%
57 COLUMBUS AVE2026-01$525,0001,39626.4%
8 FINLEY RD2026-04$529,0001,39224.8%
24 MORGAN DR2026-06$435,0001,44027.4%
4 PELHAM AVE2025-02$535,0001,46824.2%
22 MORGAN DR2025-01$355,0001,44033.0%
23 OLD POST RD2025-10$530,0001,40027.0%
187 HOOVER AVE2025-10$530,0001,44025.8%

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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 →