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Elizabeth, NJ Real Estate

Elizabeth is a city in Union County, New Jersey with a population of about 135,887. The median home value is near $393,500, and median rent runs around $1,463/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value
$393,500
Median Rent
$1,463/mo
Population
135,887
Median Income
$63,874
Median Age
35.8
Homeownership
25.4%

Monthly payment on a median Elizabeth home

Example for a $393,500 home: 20% down, 30-yr at ~6.75%, NJ property tax ~2.23%, 0.4% insurance.

Est. monthly (PITI)
$2,904
Principal & interest
$2,042
Property tax / mo
$731
Down payment (20%)
$78,700

Elizabeth at a glance

  • 9.8% of residents 25+ hold a bachelor's degree or higher.
  • 25.4% of occupied homes are owner-occupied.
  • Median household income is $63,874.
  • Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

Other New Jersey cities

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