The Fair Share Report
89 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 $1,024,224 – $1,216,762, 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 $1,083,352 home should be assessed near $321,647.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $42,647 below what the ratio math suggests (13.3%).
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 |
|---|---|---|---|---|
| 9A WAKEFIELD DR | 2025-11 | $1,170,000 | 2,679 | 28.3% |
| 2 UNIVERSAL AVE | 2025-10 | $1,150,000 | 2,628 | 25.5% |
| 14 STEPHENVILLE PKWY | 2025-02 | $1,320,000 | 2,962 | 27.1% |
| 3889 PARK AVE | 2025-11 | $1,441,000 | 3,030 | 27.4% |
| 8 SUNSET AVE | 2025-08 | $1,350,000 | 3,068 | 32.2% |
| 17 ALEXIS LANE | 2025-08 | $999,000 | 2,572 | 28.4% |
| 89 KING ST | 2025-08 | $1,055,000 | 2,642 | 28.9% |
| 10 MILFORD CT | 2026-04 | $1,230,000 | 3,226 | 31.9% |
| 5 PINE RIDGE DR | 2025-10 | $1,060,000 | 2,710 | 27.4% |
| 166 LUND AVE | 2025-07 | $1,225,000 | 3,068 | 28.9% |
| 4807 STONEHEDGE RD | 2026-05 | $785,000 | 2,671 | 28.3% |
| 3606 SPRINGBROOK DR | 2026-03 | $725,000 | 2,671 | 30.7% |
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