Zip 07201 (Elizabeth, NJ) Housing

Housing in 07201 Elizabeth, NJ is significantly above the US median value of $338,100 at $425,900. The US housing market has seen an appreciation rate of 8.27% over the past year, but the housing market in 07201 Elizabeth, NJ has appreciated even more at a rate of 10%. This could be attributed to the fact that 07201 Elizabeth, NJ is located near major cities such as New York and Newark which have seen increases in demand for housing.

The median home cost in Elizabeth (zip 07201) is $425,900. Home appreciation the last 10 years has been 58.1%. Home Appreciation in Elizabeth (zip 07201) is up 13.5%.

Average Age of Homes

- The median age of Elizabeth (zip 07201) real estate is 57 years old

The Rental Market in Elizabeth (zip 07201)

- Renters make up 59.8% of the Elizabeth (zip 07201) population
- 3.2% of houses and apartments in Elizabeth (zip 07201), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Elizabeth, New Jersey	United States
	10,472.0	139,647,020.0
	63	42
	$425,900	$338,100
	13.5%	16.6%
	41.8%	57.0%
	58.1%	101.1%
	$30.80	$10.98
	$9,358	$2,690
	20.9%	57.4%
	10.3%	11.2%
	68.8%	31.4%
Vacant Housing
	3.2%	1.9%
	1.4%	0.4%
	0.2%	0.7%
	0.4%	0.4%
	0.1%	3.6%
	4.9%	4.1%
Value of Owner-Occupied Housing
	3.5%	2.6%
	0.7%	2.4%
	2.2%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	3.0%	11.3%
	5.7%	13.0%
	33.9%	20.1%
	26.9%	13.6%
	7.0%	8.3%
	16.1%	9.7%
	0.8%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.1%	13.6%
	13.1%	13.6%
	5.3%	13.6%
	5.2%	13.2%
	9.1%	14.8%
	5.3%	13.6%
	9.5%	10.0%
	14.2%	4.7%
	27.9%	12.2%

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