Edison is widely considered a great place for families, largely because of its highly-rated public school system and incredibly diverse community. You get a vibrant, multicultural environment with access to great food and cultural events. The town has plenty of parks, like Roosevelt Park, and recreational programs for kids.
On the other hand, the cost of living is a significant factor. Property taxes are high, which is common for New Jersey towns with good schools. You'll also face considerable traffic, especially along major roads like Route 1 and 27. It offers a classic, busy suburban lifestyle that works well if your budget can handle the expense and you don't mind the daily commute.
Edison is very popular with families, largely due to its strong public school system and incredible diversity. The town provides a vibrant, multicultural environment with a wealth of restaurants and cultural festivals. Commuting is a major plus, as two train stations offer direct access to New York City, and major highways are right there. You will also find plenty of parks and recreational programs for kids.
The primary drawback is the high cost of living. Like many desirable New Jersey towns with good schools and convenient locations, housing is expensive and property taxes are significant. It offers a lot, but you definitely pay a premium for it.