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As-is Deals in Elizabeth, NJ 07036

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Elizabeth, NJ Foreclosures

How much do homes sell for in Elizabeth, NJ?
The average home price is currently $597,370.
In Elizabeth, NJ, how many homes are available?
There are currently 791 active home listings available in Elizabeth.
What’s the average rental cost in Elizabeth, NJ?
The average rental price in Elizabeth is $1,872.
What is the most expensive home in Elizabeth?
The most expensive home sold in Elizabeth had a price of $28,143,392.
What is currently the cheapest priced home in Elizabeth, NJ?
The cheapest home for sale in Elizabeth is priced at $47,228.

Living in Elizabeth, NJ

Elizabeth, New Jersey, is a bustling urban city with a dynamic mix of cultural influences and convenient transport links. With rich historical roots, diverse neighborhoods, and an array of shopping and dining options, it creates a lively atmosphere for residents and visitors alike. The city's parks and waterfront areas add to its appeal as a desirable place to live.

Current Market Conditions in Elizabeth, NJ

The Elizabeth real estate market is currently experiencing steady growth, driven by strong demand from homebuyers seeking both affordability and urban convenience. The city offers a mix of housing options that cater to various budgets, making it an attractive location for families and young professionals alike.

As of late 2023, homes in Elizabeth have appreciated in value over the past year, reflecting a broader trend in the region where suburban areas are witnessing increased interest from those moving away from city centers in search of more space and community-oriented living.

Home Value Estimator For Elizabeth, NJ

There are currently 19,257 real estate properties in Elizabeth, NJ, with a median automated valuation model (AVM) price of $558,758.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elizabeth, NJ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Elizabeth, NJ, is $597,370.00, with the most expensive house in Elizabeth, NJ, topping out at $28,143,392.00 and the cheapest home in Elizabeth, NJ, clocking in at $47,228.00. In other words, there’s something for every potential homebuyer or savvy investor in Elizabeth, NJ!

Rent Prices In Elizabeth, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elizabeth, NJ, is on a rollercoaster ride. The average rent price in Elizabeth, NJ, is $1,872.00. Indeed, when looking to rent in Elizabeth, NJ, you can expect to pay as little as $950.00 or as much as $3,100.00, with the average rent median estimated to be $1,850.00. The good news is that finding an affordable and desirable property to rent in Elizabeth, NJ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Elizabeth, NJ 07036 As-is Deals

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