The story of this market
The typical home in ZIP 08820 sells for about $630,000, or $404 per square foot.
Prices are down 18.1% from a year ago, which gives buyers more room to negotiate. Homes take about 69 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,081 a month.
ZIP 08820 — Edison
The Edison housing market is currently experiencing a cooling phase, characterized by a significant year-over-year decline in median sale prices and an increase in days on market. High interest rates and shifting buyer sentiment are driving this trend, leading to a more balanced market compared to the previous year's peak activity.
This ZIP is ideal for families seeking high-quality schools, commuters needing access to New York City or regional employment hubs, and professionals looking for a well-connected suburban environment.
Median prices moved down 18.1% year over year.
Homes spend a median of 69 days on market with 3.5 months of supply — a fast-moving market.
23% of listings have cut prices · homes sell at 101.1% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.0% · poverty 3.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical -12.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 08820, Middlesex County NJ
Edison generally maintains a moderate crime profile consistent with suburban New Jersey, with localized variations in safety across its diverse neighborhoods.
The area is served by the Edison Township Public Schools, which are generally well-regarded and offer a variety of academic programs for students.
The region faces standard risks for the Northeast, including potential for localized flooding during heavy storms and occasional severe weather events.
Edison serves as a major economic hub in Middlesex County, benefiting from its proximity to major transit corridors and a diverse mix of corporate and retail employers.
Property taxes in Edison are determined by the municipal, county, and school district tax rates applied to the assessed value of the property, with assessments managed by the local tax assessor.
Residents benefit from excellent access to major highways including the New Jersey Turnpike and Garden State Parkway, with commuter rail options available via NJ Transit at the Edison and Metuchen stations.
The area features numerous parks such as Roosevelt Park and various local greenbelts, alongside extensive shopping and dining options along the Route 1 corridor.
The rental market remains steady with consistent demand, though vacancy pressure is generally low due to the area's strong employment base and transit connectivity.
Edison's economy is anchored by a mix of healthcare, logistics, and corporate office sectors, with major employers including Hackensack Meridian Health and various regional distribution centers.
The area is highly accessible via the Northeast Corridor rail line and major interstate highways, facilitating efficient travel throughout the New York metropolitan area.
Ongoing development focuses on mixed-use revitalization projects and infrastructure improvements along the primary commercial corridors.
The Middlesex County Board of Taxation oversees the assessment process, ensuring uniform valuation across the county's municipalities.
Parcels in this ZIP are subject to Edison Township municipal taxes, Middlesex County taxes, and the Edison Township Public Schools district levy.
Property insurance premiums in the area are influenced by regional hazard risks, with standard coverage typically available through major national carriers.
Data retrieved from data.census.gov and local market reports.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Supercharged Entertainment4.83.9 mi
- The Funplex4.316.2 mi
- Urban Air Trampoline and Adventure Park4.418.6 mi
- Sky Zone Trampoline Park4.27.9 mi
- Dave & Buster's Woodbridge - Middlesex4.23.1 mi
- Prudential Center4.514.5 mi
- Sports Illustrated Stadium4.515.5 mi
- Topgolf Edison4.33.9 mi
- Supercharged Entertainment4.83.9 mi
- Bell Works4.717.6 mi
- AMC New Brunswick 183.86.8 mi
- AMC Jersey Gardens 204.111.4 mi
- Regal Commerce Center4.412 mi
- Sky Zone Trampoline Park4.27.9 mi
- Cheesequake State Park4.510.4 mi
- Statue of Liberty4.718.1 mi
- Liberty Science Center4.518.2 mi
- Statue City Cruises Battery Park4.319.8 mi
- Castle Clinton National Monument4.419.8 mi
- The Green-Wood Cemetery4.719.7 mi
- Rahway Train Station Plaza4.34.6 mi
- Cheesequake State Park4.510.4 mi
- Warinanco Park4.68.1 mi
- Hemlock Falls4.612.6 mi
- Colonial Park4.711.8 mi
- Perth Amboy Harborside Marina4.66.8 mi
- Raritan Yacht Club4.56.9 mi
- Topgolf Edison4.33.9 mi
- Galloping Hill Golf Course4.48.6 mi
- Old Bridge Golf Club - The Rose4.311.7 mi
- Baltusrol Golf Club4.79 mi
- Tamarack Golf Course3.811.6 mi
- The Mills at Jersey Gardens4.511.2 mi
- Menlo Park Mall4.42.2 mi
- The Mall at Short Hills4.511.4 mi
- Staten Island Mall4.49.9 mi
- Jersey Gardens4.711.3 mi
- Newark Liberty International Airport3.712.2 mi
- LaGuardia Airport4.128.8 mi
- Teterboro Airport4.424.8 mi
- Chico Express3.918.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A large county park featuring a lake, walking trails, and the Plays-in-the-Park theater.
A historic site commemorating the inventor's work in the area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.