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 Units by Size|
|Five Bedrooms or more||2.40%|
Owned Homes, Apartments and Condos
|Average Household Size||3.29|
|Median year structure was built||1941|
|Median Value of occupied units||$143,000|
|Median Price asked for vacant units||$160,900|
Rented Homes, Apartments and Condos
|Average Household Size||2.74|
|Median year structure was built||1956|
|Median Monthly Rent asked for vacant units||$631|
Owners Finance Status
|Second Mortgage & Equity Loan||0.50%|
|Home Equity Loan||5.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||23.8%|