Edison, NJ mortgage calculator

Edison
Mortgage
Calculator

Edison is a Middlesex County suburb with a large pharmaceutical and life sciences employment base and easy access to both New York and Philadelphia. The county's property tax rate is high but somewhat below Essex and Union counties.

2.35% county property tax
Real local rates
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Interest rate6.48%
Monthly payment
$3,339
P&I · Taxes · Insurance
Total interest
$457,456
Principal & Interest$2,271/mo
Property Tax (2.35%)$881/mo
Homeowners Insurance$188/mo

Recommended for incomes above $145k/yr (28% DTI rule)

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2.35%
Edison area property tax rate
$450,000
Edison median home price
$3,339
est. monthly payment at defaults

Edison housing market

$450,000
Median home price
$95,000
Median household income
107,588
City population

The 2.35% property tax rate reflects the county-level effective rate for Edison and is used to calculate your monthly tax escrow above. This rate may differ from the statewide New Jersey average — county-level data produces more accurate monthly payment estimates for Edison buyers. Many Edison properties also carry HOA fees — the area average is approximately $150/month, which is not included in the calculator above.

Rate history

FAQ

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