The Fair Share Report
77 Old Post Rd
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 $635,000 – $793,262, 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 $733,966 home should be assessed near $217,915.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $42,115 below what the ratio math suggests (19.3%).
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 |
|---|---|---|---|---|
| 24 MORGAN DR | 2026-06 | $435,000 | 1,440 | 27.4% |
| 33 ALTAMONT RD | 2025-06 | $540,000 | 1,625 | 28.3% |
| 16 STEPHENVILLE PKWY | 2026-02 | $750,000 | 1,422 | 23.0% |
| 16 STEPHENVILLE PKWY | 2025-06 | $700,000 | 1,422 | 24.7% |
| 2 HOMESTEAD RD | 2025-09 | $750,000 | 1,317 | 15.0% |
| 849 NEW DOVER RD | 2025-02 | $750,000 | 1,440 | 27.6% |
| 32 CHANDLER RD | 2025-09 | $800,000 | 1,560 | 31.0% |
| 23 BARLOW RD | 2026-02 | $565,000 | 1,632 | 28.6% |
| 144 JAMES ST | 2025-01 | $700,000 | 1,500 | 31.2% |
| 106 DELLWOOD RD | 2025-09 | $720,000 | 1,576 | 25.5% |
| 34 NOTTINGHAM RD | 2025-12 | $600,000 | 1,372 | 35.2% |
| 22 EDGEWOOD RD | 2025-10 | $825,000 | 1,872 | 32.9% |
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