How much do homeowners pay a month in Edison Township, NJ?

Homeowners with a mortgage in Edison Township, NJ pay a median of $3,184 (±$52) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $1,313 (±$39).

57.9% of owned homes carry a mortgage.

In Edison Township, the median monthly cost with a mortgage went from $2,649 in 2015–2019 to $3,184 in 2020–2024 (+20.2%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

With a mortgage
$3,184 (±$52)
Without a mortgage
$1,313 (±$39)
Owned with a mortgage
57.9%

Monthly owner costs in Edison Township

Median selected monthly owner costs, estimate (90% margin of error)
Edison TownshipMiddlesex CountyNew JerseyUnited States
With a mortgage$3,184 (±$52)$2,877 (±$24)$2,829 (±$8)$1,963
Without a mortgage$1,313 (±$39)$1,242 (±$14)$1,232 (±$6)$638
Owned homes with a mortgage57.9% (±2.2 points)63.1% (±0.7 points)63.9% (±0.2 points)60.6%
Median real estate taxes (a year)$10,000 or more$9,712 (±$68)$9,590 (±$25)$3,119

Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.

In Edison Township, the median cost with a mortgage is higher than in Middlesex County ($2,877).

It is also higher than in New Jersey ($2,829).

It is higher than the national figure ($1,963).

In Middlesex County, Edison Township ranks 7 of 25 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 182 of 560.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How owner costs in Edison Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median owner cost with a mortgage$2,649 (±$58)$3,184 (±$52)+20.2%No measurable change after inflation
Median home value$390,700 (±$5,835)$496,900 (±$9,051)+27.2%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median monthly cost with a mortgage in places near Edison Township

Nearest places with a published estimate, compared with Edison Township
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Edison Township—$3,184 (±$52)—
Keasbey2.1 mi$2,700 (±$120)Lower
Metuchen Borough2.7 mi$3,411 (±$147)Higher
Fords2.9 mi$2,876 (±$132)Lower
Sayreville Borough3.0 mi$2,669 (±$94)Lower
Hopelawn3.3 mi$2,343 (±$549)Lower
Menlo Park Terrace3.6 mi$2,924 (±$209)Lower
South Amboy3.9 mi$2,500 (±$195)Lower
Highland Park Borough4.2 mi$3,417 (±$296)Not measurably different

Nearby places with a measurably lower figure: Keasbey, NJ ($2,700), Fords, NJ ($2,876), Sayreville Borough, NJ ($2,669).

Nearby places with a measurably higher figure: Metuchen Borough, NJ ($3,411).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median monthly cost with a mortgage across Middlesex County, place by place

RankPlaceMedian monthly cost with a mortgage
1Cranbury Township$4,000 or more
2Plainsboro Township$3,791 (±$279)
3South Brunswick Township$3,481 (±$147)
4Highland Park Borough$3,417 (±$296)
5Metuchen Borough$3,411 (±$147)
6East Brunswick Township$3,204 (±$95)
7Edison Township$3,184 (±$52)
8Monroe Township (Middlesex County)$3,064 (±$176)
9Milltown Borough$2,875 (±$331)
10North Brunswick Township$2,865 (±$122)
11Piscataway Township$2,811 (±$75)
12Middlesex Borough$2,795 (±$129)
13South Plainfield Borough$2,794 (±$59)

Showing 13 of 25 places in Middlesex County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Edison Township

What is the average mortgage payment in Edison Township?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Edison Township, NJ is $3,184 (±$52) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Edison Township?

Owners without a mortgage in Edison Township pay a median of $1,313 (±$39) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in Edison Township gone up?

In Edison Township, the median monthly cost with a mortgage went from $2,649 in 2015–2019 to $3,184 in 2020–2024 (+20.2%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Edison township, Middlesex County, New Jersey (county subdivision:20230, in state:34 county:023).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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