Housing & Real Estate — Elizabeth, New Jersey
Overview
| Total Housing Units | 48,940 |
| Occupied | 45,932 |
| Vacant | 3,008 |
| Owner-Occupied | 11,664 |
| Renter-Occupied | 34,268 |
| Median Home Value (Census) | $449,300 |
| Estimated 2026 | ~$494,000 |
| Median Rent | $1,463/mo |
| Median Property Tax | $10,001/yr |
Affordability
| Home Price to Income Ratio | N/Ax |
| Home Affordability | expensive |
| Rent as % of Income | 26.4% |
| Severely Rent-Burdened | 44.9% |
Housing Age
| Built 2010 or later | 3,448 |
| Built 2000-2009 | 4,954 |
| Built 1990-1999 | 2,218 |
| Built before 1960 | 26,435 |
| Median Year Built | 1956 |
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.