The Fair Share Report
7 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 $496,823 – $629,480, 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 $525,938 home should be assessed near $156,151.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $10,151 below what the ratio math suggests (6.5%).
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 |
|---|---|---|---|---|
| 10 WILLOW AVE | 2026-01 | $522,500 | 1,368 | 25.3% |
| 834 AMBOY AVE | 2025-09 | $470,000 | 1,378 | 33.5% |
| 12 BROOKVILLE RD | 2025-12 | $550,000 | 1,359 | 24.2% |
| 115 OVINGTON AVE | 2026-05 | $526,000 | 1,348 | 23.0% |
| 17 SULLIMAN RD | 2025-01 | $658,000 | 1,418 | 26.0% |
| 8 FINLEY RD | 2026-04 | $529,000 | 1,392 | 24.8% |
| 26 KAREN PL | 2025-03 | $625,000 | 1,378 | 25.3% |
| 57 COLUMBUS AVE | 2026-01 | $525,000 | 1,396 | 26.4% |
| 23 OLD POST RD | 2025-10 | $530,000 | 1,400 | 27.0% |
| 44 STILES RD | 2026-05 | $585,000 | 1,317 | 21.9% |
| 24 MORGAN DR | 2026-06 | $435,000 | 1,440 | 27.4% |
| 23 WINTHROP RD | 2025-02 | $510,000 | 1,288 | 23.6% |
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