Chatham Twp vs Edison, NJ
Property taxes, schools, NJ Transit pass and monthly cost for Chatham Twp and Edison, side by side with sources.
At a glance
Edison has the lower 2025 average residential tax bill: $10,585 a year, $7,788 less than $18,373 in Chatham Twp. Both are above the NJ average of $10,340.
The median single-family sale price is $726,150 in Edison and $1,990,200 in Chatham Twp, $1,264,050 more (GSMLS, 2025 closed sales).
Peak commute is 46 minutes in Chatham Twp and 46 in Edison.
On the district results, Chatham Twp's district is higher on 4-year graduation (96.5% vs 92.1%), ELA (74.8% vs 67.6%) and math (68.5% vs 58.7%).
Figures are from the data file, version 2.3.0. Estimates are labeled. Add a third town in the compare tool.
Monthly cost
Estimated monthly cost Estimate
- Mortgage (principal and interest)
- Property tax
- NJ Transit pass
- Chatham TwpNo NJ Transit rail station in town; residents typically use Chatham station in Chatham Borough
- Edison$5,635 / monthMortgage $3,959 · Property tax $1,213 · NJ Transit pass $463 · on a $726,150 median single-family home
Each town uses its own median single-family sale price (GSMLS, 2025 closed sales) and 2025 effective tax rate. Mortgage is the monthly mortgage in the data: Principal & interest only; excludes taxes and insurance. Calculated at a 7.24% 30-year fixed rate, 20% down, 30-year term. Excludes insurance, utilities, maintenance and HOA fees. Change the numbers in the calculator.
Home prices
Median sale price, single-family
- Chatham Twp$1,990,20096 sales
- Edison$726,150110 sales
Median sale price, condo / townhouse
- Chatham Twp$465,00043 sales · fewer than 50 sales
- Edison$450,00043 sales · fewer than 50 sales
Monthly mortgage
- Chatham Twp$10,851 / month
- Edison$3,959 / month
Principal & interest only; excludes taxes and insurance. Based on the single-family median.
Source: GSMLS, 2025 closed sales
Property taxes
Average residential tax bill, 2025
- Chatham Twp$18,373 / year$8,033 above the NJ average
- Edison$10,585 / year$245 above the NJ average
- NJ average$10,340 / yearState total, same series as the town bills
Bills compare better than raw tax rates, because towns assess homes at different shares of market value.
Schools
Meeting ELA standards
- Chatham Twp74.8% Above NJ average
- Edison67.6% Above NJ average
- NJ state53.0%
Meeting math standards
- Chatham Twp68.5% Above NJ average
- Edison58.7% Above NJ average
- NJ state42.0%
4-year graduation rate
- Chatham Twp96.5% Above NJ average
- Edison92.1% Above NJ average
- NJ state91.8%
Chronic absenteeism
- Chatham Twp6.3% Below NJ average
- Edison12.3% Below NJ average
- NJ state14.4%
Student:teacher ratio
- Chatham Twp11:1
- Edison13:1
- NJ state12:1
Commute
NJ Transit adult monthly pass to NY Penn
- Chatham TwpNo NJ Transit rail station in town; residents typically use Chatham station in Chatham Borough
- Edison$463 / month
Peak commute time
- Chatham Twp46 min
- Edison46 min
Full pages: Chatham Twp · Edison. Find a local expert if you want help weighing these two towns.