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Area data

Elizabeth, NJ — ZIP 07202

Population: 44,968 (Census ACS)

Home values & appreciation

Median home value
$513,974
1-year appreciation
+0.7%
3-year appreciation
+18.0%
5-year appreciation
+44.8%
10-year appreciation
+161.6%
All-time peak (2026-07)
$513,974
House Price Index
430.8 (+5.2% YoY)

Market activity

Median sale price
$450,000
Median list price
$500,000
Median days on market
38.5 days
Sale-to-list ratio
101.8%
Active listings
7
1-year forecast
+2.4%
New listings (monthly)
6

Rents

Typical rent
$2,308/mo
1-year rent change
+7.2%
1BR fair-market rent
$1,731/mo
3BR fair-market rent
$2,729/mo

Affordability

Cost of living index (High)
112.5 (100 = US avg)
Electricity rate (state-level)
22.6¢/kWh
Natural gas rate (state-level)
$14.20/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
15
Elementary schools
7
Middle schools
1
High schools
6

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
iceStorm, lightning, strongWind, winterWeather, inlandFlooding
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
79.0°F
Average high
80.0°F
Average low
78.0°F
Annual precipitation
48.3 in

Air quality

Air quality rating
Moderate
Median AQI (annual)
52
Days with Good air quality
163
Days with Unhealthy air quality
3

Walkability & transit

Walkability index
14.2 / 20
Transit service frequency
284

Amenities

National parks within ~60 mi
23
Nearest national park
National Parks of New York Harbor (9 mi)
Nearest airport
Linden Airport (LDJ) (3 mi)
Nearest major airport
Newark Liberty International Airport (EWR) (4 mi)
Hospitals nearby (~15 mi)
339
Avg hospital rating
3.0 / 5
Solar radiation rating
Fair (4.0 kWh/m²/day)

Migration

Net migration
-2,824 tax filers

Housing stock

Median year housing built
1,956
Median annual property tax
$10,001
Mean commute to work
24 min
Households with broadband internet
56.9%

Employment & development

Total county employment
199,693
Average weekly wage
$1,578
Top industries (by employment)
Health Care, Administrative Services, Professional Services
Annual residential building permits (county)
89

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents