Elizabeth, NJ Real Estate

According to census data in the year 2000 there were 42,838 housing units in Elizabeth. This represents a 3.7% growth from 41,315 in 1990.

Of those housing units, 42,838 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Elizabeth is about 29.8%. Elizabeth's vacancy rate, including seasonal lodging, is about 5.5%. Average household size is 2.91 people.

The majority of houses, apartments or condos in Elizabeth were built after 1951.


Housing Size

Housing Units by Size
Studio Type8.10%
One Bedroom27.40%
Two Bedrooms33.90%
Three Bedrooms22.40%
Four Bedrooms5.80%
Five Bedrooms or more2.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.29
Median year structure was built1941
Median Value of occupied units$143,000
Median Price asked for vacant units$160,900

Rented Homes, Apartments and Condos

Average Household Size2.74
Median year structure was built1956
Median Monthly Rent asked for vacant units$631

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage8.20%
Home Equity Loan5.10%
Simple Mortgage52%
Debt Free34.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs23.8%