diff --git a/src/jsc/bindings/ModuleLoader.cpp b/src/jsc/bindings/ModuleLoader.cpp
index 7c5ba80bb6a3..93197dd04d95 100644
--- a/src/jsc/bindings/ModuleLoader.cpp
+++ b/src/jsc/bindings/ModuleLoader.cpp
@@ -919,6 +919,31 @@ template JSValue fetchCommonJSModuleNonBuiltin<false>(
 
 extern "C" bool isBunTest;
 
+// Node.js: `import default` and `require()` of a JSON file return one object.
+static JSC::JSValue reconcileDataModuleWithRequireCache(
+    Zig::GlobalObject* globalObject,
+    JSC::JSString* specifierJS,
+    JSC::JSValue value)
+{
+    auto& vm = JSC::getVM(globalObject);
+    auto scope = DECLARE_THROW_SCOPE(vm);
+    JSValue entry = globalObject->requireMap()->get(globalObject, specifierJS);
+    RETURN_IF_EXCEPTION(scope, {});
+    if (auto* mod = dynamicDowncast<Bun::JSCommonJSModule>(entry)) {
+        JSValue existing = mod->exportsObject();
+        RETURN_IF_EXCEPTION(scope, {});
+        return existing;
+    }
+    if (!entry.isUndefined())
+        return value; // user-installed require.cache entry; don't clobber it
+
+    auto* mod = Bun::JSCommonJSModule::create(globalObject, specifierJS, value, true, jsUndefined());
+    RETURN_IF_EXCEPTION(scope, {});
+    globalObject->requireMap()->set(globalObject, specifierJS, mod);
+    RETURN_IF_EXCEPTION(scope, {});
+    return value;
+}
+
 template<bool allowPromise>
 static JSValue fetchESMSourceCode(
     Zig::GlobalObject* globalObject,
@@ -1134,6 +1159,13 @@ static JSValue fetchESMSourceCode(
             RELEASE_AND_RETURN(scope, reject(exception));
         }
 
+        value = reconcileDataModuleWithRequireCache(globalObject, specifierJS, value);
+        if (scope.exception()) [[unlikely]] {
+            auto* exception = scope.exception();
+            (void)scope.tryClearException();
+            RELEASE_AND_RETURN(scope, reject(exception));
+        }
+
         // JSON can become strings, null, numbers, booleans so we must handle "export default 123"
         auto function = generateJSValueModuleSourceCode(
             globalObject,
@@ -1151,6 +1183,13 @@ static JSValue fetchESMSourceCode(
             RELEASE_AND_RETURN(scope, reject(JSC::createSyntaxError(globalObject, "Failed to parse Object"_s)));
         }
 
+        value = reconcileDataModuleWithRequireCache(globalObject, specifierJS, value);
+        if (scope.exception()) [[unlikely]] {
+            auto* exception = scope.exception();
+            (void)scope.tryClearException();
+            RELEASE_AND_RETURN(scope, reject(exception));
+        }
+
         // JSON can become strings, null, numbers, booleans so we must handle "export default 123"
         auto function = generateJSValueModuleSourceCode(
             globalObject,
diff --git a/test/js/bun/resolve/json-require-import-identity.test.ts b/test/js/bun/resolve/json-require-import-identity.test.ts
new file mode 100644
index 000000000000..3c797ec37be0
--- /dev/null
+++ b/test/js/bun/resolve/json-require-import-identity.test.ts
@@ -0,0 +1,256 @@
+import { expect, test } from "bun:test";
+import { bunEnv, bunExe, normalizeBunSnapshot, tempDir } from "harness";
+
+// A .json file that is both `import`ed (ESM) and `require`d in the same
+// process must yield one shared object. Before this was fixed, the ESM loader
+// built a synthetic namespace and a later require() handed that namespace back
+// (with a self-referencing `default` key and no identity with the ESM default),
+// while require() alone returned the plain data.
+
+async function run(files: Record<string, string>, entry = "index.mjs") {
+  using dir = tempDir("json-require-import", files);
+  await using proc = Bun.spawn({
+    cmd: [bunExe(), entry],
+    env: bunEnv,
+    cwd: String(dir),
+    stdout: "pipe",
+    stderr: "pipe",
+  });
+  const [stdout, stderr, exitCode] = await Promise.all([proc.stdout.text(), proc.stderr.text(), proc.exited]);
+  return { stdout: normalizeBunSnapshot(stdout, dir), stderr, exitCode };
+}
+
+test.concurrent(
+  "require() of a .json already imported via ESM returns the parsed data (no spurious default key)",
+  async () => {
+    const { stdout, stderr, exitCode } = await run({
+      "cfg.json": `{"a":1,"b":{"c":[1,2]}}`,
+      "index.mjs": `
+      import def from "./cfg.json" with { type: "json" };
+      import { createRequire } from "node:module";
+      const req = createRequire(import.meta.url)("./cfg.json");
+      console.log(JSON.stringify(req));
+      console.log("same:", req === def);
+      console.log("own keys:", Object.getOwnPropertyNames(req).sort().join(","));
+    `,
+    });
+    expect(stderr).toBe("");
+    expect(stdout).toMatchInlineSnapshot(`
+    "{"a":1,"b":{"c":[1,2]}}
+    same: true
+    own keys: a,b"
+  `);
+    expect(exitCode).toBe(0);
+  },
+);
+
+test.concurrent(
+  "require() of a .json array already imported via ESM returns the array, not a namespace wrapper",
+  async () => {
+    const { stdout, stderr, exitCode } = await run({
+      "arr.json": `[1,2,3]`,
+      "index.mjs": `
+      import def from "./arr.json" with { type: "json" };
+      import { createRequire } from "node:module";
+      const req = createRequire(import.meta.url)("./arr.json");
+      console.log(JSON.stringify(req));
+      console.log("isArray:", Array.isArray(req));
+      console.log("same:", req === def);
+    `,
+    });
+    expect(stderr).toBe("");
+    expect(stdout).toMatchInlineSnapshot(`
+    "[1,2,3]
+    isArray: true
+    same: true"
+  `);
+    expect(exitCode).toBe(0);
+  },
+);
+
+test.concurrent("import default of a .json already require()d returns the same object", async () => {
+  const { stdout, stderr, exitCode } = await run(
+    {
+      "cfg.json": `{"a":1}`,
+      "index.cjs": `
+        const req = require("./cfg.json");
+        req.mutated = 42;
+        (async () => {
+          const def = (await import("./cfg.json", { with: { type: "json" } })).default;
+          console.log("same:", req === def);
+          console.log("mutation:", def.mutated);
+          console.log(JSON.stringify(def));
+        })();
+      `,
+    },
+    "index.cjs",
+  );
+  expect(stderr).toBe("");
+  expect(stdout).toMatchInlineSnapshot(`
+    "same: true
+    mutation: 42
+    {"a":1,"mutated":42}"
+  `);
+  expect(exitCode).toBe(0);
+});
+
+test.concurrent("require.cache[path].exports is the parsed JSON value after an ESM import", async () => {
+  const { stdout, stderr, exitCode } = await run({
+    "cfg.json": `{"a":1}`,
+    "index.mjs": `
+      import def from "./cfg.json" with { type: "json" };
+      import { createRequire } from "node:module";
+      const require = createRequire(import.meta.url);
+      const key = require.resolve("./cfg.json");
+      const entry = require.cache[key];
+      console.log("exports === default:", entry.exports === def);
+      console.log("loaded:", entry.loaded);
+      console.log(JSON.stringify(entry.exports));
+    `,
+  });
+  expect(stderr).toBe("");
+  expect(stdout).toMatchInlineSnapshot(`
+    "exports === default: true
+    loaded: true
+    {"a":1}"
+  `);
+  expect(exitCode).toBe(0);
+});
+
+test.concurrent("require() and import default of a .toml file share one object", async () => {
+  const { stdout, stderr, exitCode } = await run({
+    "cfg.toml": 'a = 1\nb = "hello"\n',
+    "index.mjs": `
+      import def from "./cfg.toml";
+      import { createRequire } from "node:module";
+      const req = createRequire(import.meta.url)("./cfg.toml");
+      console.log(JSON.stringify(req));
+      console.log("same:", req === def);
+    `,
+  });
+  expect(stderr).toBe("");
+  expect(stdout).toMatchInlineSnapshot(`
+    "{"a":1,"b":"hello"}
+    same: true"
+  `);
+  expect(exitCode).toBe(0);
+});
+
+test.concurrent("require() of a .json alone (no prior import) still returns the plain data", async () => {
+  // regression guard: the CJS-only path was already correct.
+  const { stdout, stderr, exitCode } = await run(
+    {
+      "cfg.json": `{"a":1,"b":{"c":[1,2]}}`,
+      "index.cjs": `
+        const req = require("./cfg.json");
+        console.log(JSON.stringify(req));
+        console.log("own keys:", Object.getOwnPropertyNames(req).sort().join(","));
+      `,
+    },
+    "index.cjs",
+  );
+  expect(stderr).toBe("");
+  expect(stdout).toMatchInlineSnapshot(`
+    "{"a":1,"b":{"c":[1,2]}}
+    own keys: a,b"
+  `);
+  expect(exitCode).toBe(0);
+});
+
+test.concurrent(
+  "a require.extensions['.json'] override is not clobbered by a later ESM import of the same file",
+  async () => {
+    const { stdout, stderr, exitCode } = await run(
+      {
+        "cfg.json": `{"a":1}`,
+        "index.cjs": `
+          require.extensions[".json"] = (m, f) => { m.exports = { overridden: true }; };
+          const r1 = require("./cfg.json");
+          (async () => {
+            await import("./cfg.json", { with: { type: "json" } });
+            const r2 = require("./cfg.json");
+            console.log("r1:", JSON.stringify(r1));
+            console.log("r1 === r2:", r1 === r2);
+          })();
+        `,
+      },
+      "index.cjs",
+    );
+    expect(stderr).toBe("");
+    expect(stdout).toMatchInlineSnapshot(`
+      "r1: {"overridden":true}
+      r1 === r2: true"
+    `);
+    expect(exitCode).toBe(0);
+  },
+);
+
+test.concurrent("a plain-object require.cache entry for a .json is not clobbered by a later ESM import", async () => {
+  const { stdout, stderr, exitCode } = await run(
+    {
+      "cfg.json": `{"a":1}`,
+      "index.cjs": `
+        const key = require.resolve("./cfg.json");
+        require.cache[key] = { exports: { mocked: true } };
+        (async () => {
+          const def = (await import("./cfg.json", { with: { type: "json" } })).default;
+          console.log("def:", JSON.stringify(def));
+          console.log("entry survived:", require.cache[key].exports.mocked === true);
+          console.log("require:", JSON.stringify(require("./cfg.json")));
+        })();
+      `,
+    },
+    "index.cjs",
+  );
+  expect(stderr).toBe("");
+  expect(stdout).toMatchInlineSnapshot(`
+    "def: {"a":1}
+    entry survived: true
+    require: {"mocked":true}"
+  `);
+  expect(exitCode).toBe(0);
+});
+
+test.concurrent("import * as ns from a .json has no extra synthetic export names", async () => {
+  // the fix inserts into require.cache; it must not change the ESM namespace shape.
+  const { stdout, stderr, exitCode } = await run({
+    "cfg.json": `{"a":1,"b":2}`,
+    "index.mjs": `
+      import * as ns from "./cfg.json" with { type: "json" };
+      console.log(Object.getOwnPropertyNames(ns).sort().join(","));
+    `,
+  });
+  expect(stderr).toBe("");
+  expect(stdout).toMatchInlineSnapshot(`"a,b,default"`);
+  expect(exitCode).toBe(0);
+});
+
+test.concurrent(
+  "delete require.cache[path] after ESM import lets a subsequent require() re-read from disk",
+  async () => {
+    const { stdout, stderr, exitCode } = await run({
+      "cfg.json": `{"a":1}`,
+      "index.mjs": `
+      import def from "./cfg.json" with { type: "json" };
+      import { createRequire } from "node:module";
+      import { writeFileSync } from "node:fs";
+      const require = createRequire(import.meta.url);
+      const key = require.resolve("./cfg.json");
+      const first = require("./cfg.json");
+      console.log("first === default:", first === def);
+      delete require.cache[key];
+      writeFileSync(key, JSON.stringify({ a: 2 }));
+      const second = require("./cfg.json");
+      console.log("second.a:", second.a);
+      console.log("second === first:", second === first);
+    `,
+    });
+    expect(stderr).toBe("");
+    expect(stdout).toMatchInlineSnapshot(`
+    "first === default: true
+    second.a: 2
+    second === first: false"
+  `);
+    expect(exitCode).toBe(0);
+  },
+);