Real Estate Market Update for Edison, NJ
Welcome to October's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was down 12% from one year earlier, and down 8% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was 340-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 15%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was 330-thousand dollars. The number of units sold decreased 19% year-over-year, and decreased 43% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Edison, NJ
Area Information for Edison, NJ
  • Population: 102,275
  • Median Age: 37.65 yr
  • Median Commute Time: 25.48 mins
  • Educational Climate*: 4
  • Sales Tax: 6.909%
  • Population Density: 3,416/sq mi
  • Population Change Since 2000: 4.41%
  • Closest Airport: Newark Liberty International
  • Closest College: Rabbi Jacob Joseph School
  • Closest Jr. College: Middlesex County College
  • Median Household Income: $88,295
  • Annual Residential Turnover: 16.94%
  • Median Years in Residence: 3.71 yr
  • Median Home Sales Price: $299,000
  • Closest Major Sports Team: New York Rangers
  • Change Avg. Household Income Since 2000: 27%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Edison, NJ
Median Age: 37.65 Married: 38% Number of Households: 35,662 Households with Children: 13,867
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Edison, NJ

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Woodrow Wilson Middle School 0.7 mi Public 6-8 4-5 4
      Woodbrook Elementary School 1.0 mi Public K-5 4-5 4
      Tutor Time Child Care Learning Center 1.4 mi Private PRESCHOOL-K 0 0
      Menlo Park Elementary School 1.5 mi Public K-5 4 4
      Lakeview Sch-c P Assoc Middlesex 1.7 mi Private UNGRADE-UNGRADE 0 0
      Lincoln Elementary School 1.7 mi Public K-5 3-5 3
      Helping Hand Nursery School 1.8 mi Private PRESCHOOL-K 0 0
      Herbert Hoover Middle School 1.9 mi Public 6-8 3 3
      Keith Wold Johnson Child Center 2.1 mi Private PRESCHOOL-K 0 0
      You And Me School 2.1 mi Private PRESCHOOL-PRESCHOOL 0 0
      James Monroe Elementary School 2.2 mi Public K-5 3-5 4
      Apple Montessori School 2.2 mi Private PRESCHOOL-K 0 0
      Bishop George Ahr High School 2.2 mi Catholic 9-12 0 4
      Edison High School 2.2 mi Public 9-12 2-5 3
      John Adams Middle School 2.3 mi Public 6-8 4-5 4
      Washington Elementary School 2.4 mi Public K-5 3 4
      J P Stevens High School 2.5 mi Public 9-12 4-5 3
      Peppermint Tree Child Care Center 2.7 mi Private PRESCHOOL-2 0 3
      St Helena School 2.8 mi Catholic PRESCHOOL-8 0 4
      Thomas Jefferson Middle School 2.8 mi Public 6-8 2-5 3
      James Madison Primary Elementary School 2.8 mi Public K-2 0 4
      James Madison Intermediate Elementary School 2.8 mi Public 3-5 4-5 4
      Academy Of Science Vocational School 2.8 mi Public 9-12 5 3
      St. Matthew School 2.8 mi Catholic PRESCHOOL-8 0 4
      Little Flower Montessori School 2.9 mi Private PRESCHOOL-2 0 3
      Benjamin Franklin Elementary School 2.9 mi Public K-5 3 4
      Our Lady Of Peace School 3.0 mi Catholic PRESCHOOL-8 0 0
      Helping Hand Learning Center 3.1 mi Private PRESCHOOL-K 0 0
      Yeshivat Netivot Montessori 3.3 mi Private PRESCHOOL-8 0 4
      John Marshall Elementary School 3.3 mi Public K-5 4 4
      John Kenney Childcare Center 3.4 mi Private PRESCHOOL-K 0 0
      Rabbi Jacob Joseph Yeshiva 3.4 mi Private 9-12 0 0
      Martin Luther King Elementary School 3.4 mi Public K-5 4-5 5
      Lindeneau Elementary School 3.4 mi Public K-5 2-5 4
      New Friends Chldcre And Preschool Inc 3.5 mi Private PRESCHOOL-K 0 0
      The Wardlaw-hartridge School 3.5 mi Private PRESCHOOL-12 0 4
      Plaza Child Care 3.6 mi Private PRESCHOOL-K 0 0
      Rabbi Pesach Raymon Yeshiva 4.0 mi Private PRESCHOOL-8 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for Edison, NJ
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.