Edison vs Elizabeth, NJ
Property taxes, schools, NJ Transit pass and monthly cost for Edison and Elizabeth, side by side with sources.
At a glance
Elizabeth has the lower 2025 average residential tax bill: $9,727 a year, $858 less than $10,585 in Edison. Elizabeth is below the NJ average of $10,340 and Edison is above it.
The median single-family sale price is $550,000 in Elizabeth and $726,150 in Edison, $176,150 more (GSMLS, 2025 closed sales).
On the site's monthly cost estimate (mortgage, property tax and NJ Transit pass, each on the town's median single-family sale price), Elizabeth comes to $4,222 a month and Edison to $5,635, a gap of $1,413.
Peak commute is 46 minutes in Edison and 29 in Elizabeth, 17 minutes shorter in Elizabeth; the NJ Transit monthly pass to NY Penn is $255 in Elizabeth and $463 in Edison, $208 more.
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
- Edison$5,635 / monthMortgage $3,959 · Property tax $1,213 · NJ Transit pass $463 · on a $726,150 median single-family home
- Elizabeth$4,222 / monthMortgage $2,999 · Property tax $968 · NJ Transit pass $255 · on a $550,000 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, condo / townhouse
Source: GSMLS, 2025 closed sales
Property taxes
Schools
Full pages: Edison · Elizabeth. Find a local expert if you want help weighing these two towns.