The Fair Share Report
6 Warwick Rd
Edison, NJ 08820
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 $874,243 – $1,167,884, 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 $1,065,141 home should be assessed near $316,240.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $22,760 above what the ratio math suggests (7.2%).
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%44%
A touch high — worth watching
This home's ratio sits above most of Edison, but doesn't clear NJ's legal appeal line (34.14%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 70 LIVINGSTON AVE | 2025-12 | $741,111 | 2,912 | 31.4% |
| 29 OAK GROVE LANE | 2025-06 | $1,710,000 | 2,976 | 22.6% |
| 41 JONATHAN DR | 2025-09 | $875,000 | 2,912 | 29.6% |
| 36 CLIVE HILLS RD | 2025-12 | $980,001 | 3,115 | 41.3% |
| 6 OAK GROVE LANE | 2025-02 | $999,999 | 2,848 | 32.9% |
| 10 WYNDMOOR WAY | 2025-04 | $1,200,000 | 3,088 | 28.1% |
| 27 TIMBER RD | 2025-04 | $906,300 | 3,185 | 26.9% |
| 7 ROBIN RD | 2025-04 | $1,066,000 | 2,709 | 29.2% |
| 41 DALE DR | 2025-04 | $950,000 | 2,632 | 27.2% |
| 28 MARSHALL DR | 2025-11 | $1,344,000 | 3,408 | 25.5% |
| 18 ROSEWOOD RD | 2025-09 | $980,001 | 2,947 | 26.0% |
| 26 REMINGTON DR | 2025-05 | $1,320,000 | 3,504 | 25.9% |
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