Edison vs Madison, NJ
Property taxes, schools, NJ Transit pass and monthly cost for Edison and Madison, side by side with sources.
At a glance
Edison has the lower 2025 average residential tax bill: $10,585 a year, $5,312 less than $15,897 in Madison. Both are above the NJ average of $10,340.
The median single-family sale price is $726,150 in Edison and $1,421,000 in Madison, $694,850 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), Edison comes to $5,635 a month and Madison to $9,973, a gap of $4,338.
Peak commute is 46 minutes in Edison and 51 in Madison, 5 minutes shorter in Edison; the NJ Transit monthly pass to NY Penn is $408 in Madison and $463 in Edison, $55 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
- Madison$9,973 / monthMortgage $7,747 · Property tax $1,818 · NJ Transit pass $408 · on a $1,421,000 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 · Madison. Find a local expert if you want help weighing these two towns.