Madison vs Rahway, NJ
Property taxes, schools, NJ Transit pass and monthly cost for Madison and Rahway, side by side with sources.
At a glance
Rahway has the lower 2025 average residential tax bill: $10,435 a year, $5,462 less than $15,897 in Madison. Both are above the NJ average of $10,340.
The median single-family sale price is $520,000 in Rahway and $1,421,000 in Madison, $901,000 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), Rahway comes to $4,265 a month and Madison to $9,973, a gap of $5,708.
Peak commute is 51 minutes in Madison and 37 in Rahway, 14 minutes shorter in Rahway; the NJ Transit monthly pass to NY Penn is $328 in Rahway and $408 in Madison, $80 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
- Madison$9,973 / monthMortgage $7,747 · Property tax $1,818 · NJ Transit pass $408 · on a $1,421,000 median single-family home
- Rahway$4,265 / monthMortgage $2,835 · Property tax $1,102 · NJ Transit pass $328 · on a $520,000 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: Madison · Rahway. Find a local expert if you want help weighing these two towns.