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Elizabeth, NJ Real Estate & Property Data

Elizabeth Real Estate Market Trends

Last Updated: April 27, 2024

Accurate and comprehensive real estate data is critical for insight into Elizabeth, NJ. ATTOM’s Elizabeth real estate data is updated daily, and current market trends show that in Elizabeth, NJ a total of 453 residential properties have sold over the past year. With a median home price of $540,000 in Elizabeth and a total of 14 foreclosures. Get detailed property data for Elizabeth, NJ instantly. ATTOM is your one-stop-shop for the Elizabeth property reports and real estate data you need in Elizabeth, NJ.

Elizabeth Real Estate Market Trends

Get property data for any address in Elizabeth, NJ or the country:

Total Residential Properties 10,534

Total Commercial Properties 1,195

Avg. Home Age (Single Family Home) 94 Years

Avg. Square Feet (Single Family Home) 1,583

Total 2024 Residential Sales (year-to-date) 66

% of Homes Seriously Underwater (Q2 2024) 0.79%

Total 2023 Residential Sales 418

% of Equity Rich Homes (Q2 2024) 44.76%

Effective 2023 Property Tax 2.26%

Total Foreclosure Filings (year-to-date) 23

Elizabeth, NJ Real Estate Overview

There were 453 residential properties sold in the past year in Elizabeth, NJ. The median home value in Elizabeth, NJ is $450,400. There are a total of 10,534 residential properties in the Elizabeth.

Median Sales Price i

$540,000

(Feb 2024)

+28.9%

year-over-year

y-o-y

February '24 Feb '24 $540,000
January '24 Jan '24 $565,000
December '23 Dec '23 $510,000
November '23 Nov '23 $412,500
October '23 Oct '23 $433,000
September '23 Sep '23 $480,000
August '23 Aug '23 $466,000
July '23 Jul '23 $400,000
June '23 Jun '23 $430,000
May '23 May '23 $460,000
April '23 Apr '23 $465,000
March '23 Mar '23 $510,000

Median Down Payment i

$32,010

(Feb 2024)

+52.8%

year-over-year

y-o-y

February '24 Feb '24 $32,010
January '24 Jan '24 $23,987
December '23 Dec '23 $44,653
November '23 Nov '23 $81,000
October '23 Oct '23 $14,250
September '23 Sep '23 $67,400
August '23 Aug '23 $9,158
July '23 Jul '23 $20,875
June '23 Jun '23 $25,250
May '23 May '23 $23,000
April '23 Apr '23 $74,000
March '23 Mar '23 $61,825

Number of Homes Sold i

25

(Feb 2024)

-16.7%

year-over-year

y-o-y

February '24 Feb '24 25
January '24 Jan '24 41
December '23 Dec '23 45
November '23 Nov '23 27
October '23 Oct '23 34
September '23 Sep '23 31
August '23 Aug '23 36
July '23 Jul '23 38
June '23 Jun '23 46
May '23 May '23 30
April '23 Apr '23 34
March '23 Mar '23 36

Number of Purchase Loans i

7

(Feb 2024)

-12.5%

year-over-year

y-o-y

February '24 Feb '24 7
January '24 Jan '24 19
December '23 Dec '23 11
November '23 Nov '23 8
October '23 Oct '23 6
September '23 Sep '23 14
August '23 Aug '23 11
July '23 Jul '23 13
June '23 Jun '23 14
May '23 May '23 9
April '23 Apr '23 13
March '23 Mar '23 12

Number of REFI Loans i

6

(Feb 2024)

+20%

year-over-year

y-o-y

February '24 Feb '24 6
January '24 Jan '24 6
December '23 Dec '23 8
November '23 Nov '23 3
October '23 Oct '23 14
September '23 Sep '23 8
August '23 Aug '23 13
July '23 Jul '23 11
June '23 Jun '23 13
May '23 May '23 11
April '23 Apr '23 6
March '23 Mar '23 8

Number of HELOC Loans i

1

(Feb 2024)

-66.7%

year-over-year

y-o-y

February '24 Feb '24 1
January '24 Jan '24 6
December '23 Dec '23 N/A
November '23 Nov '23 3
October '23 Oct '23 5
September '23 Sep '23 1
August '23 Aug '23 3
July '23 Jul '23 3
June '23 Jun '23 2
May '23 May '23 N/A
April '23 Apr '23 2
March '23 Mar '23 6

Elizabeth, NJ Real Estate Market Overview

Last 30 days

Zip
Median Est. Value
Zip
Median Est. Value
Zip
Median Est. Value

07201
$450,400 $284.58/sqft
07202
$414,250 $308.63/sqft
07208
$474,850 $269.02/sqft

Elizabeth, NJ Foreclosure Activity

There were a total of 14 Elizabeth, NJ properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

14

(Feb 2024)

+40%

year-over-year

y-o-y

February '24 Feb '24 14
January '24 Jan '24 9
December '23 Dec '23 9
November '23 Nov '23 4
October '23 Oct '23 9
September '23 Sep '23 13
August '23 Aug '23 19
July '23 Jul '23 11
June '23 Jun '23 14
May '23 May '23 6
April '23 Apr '23 10
March '23 Mar '23 18

Foreclosure Starts i

8

(Feb 2024)

+60%

year-over-year

y-o-y

February '24 Feb '24 8
January '24 Jan '24 7
December '23 Dec '23 6
November '23 Nov '23 2
October '23 Oct '23 7
September '23 Sep '23 3
August '23 Aug '23 12
July '23 Jul '23 7
June '23 Jun '23 7
May '23 May '23 2
April '23 Apr '23 8
March '23 Mar '23 12

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 1
September '23 Sep '23 1
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 1
March '23 Mar '23 1

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