Elizabeth, Union County, NJ Housing Trends, Rent, Price-to-Rent

Market Summary

Elizabeth, Union County, NJ

Median Home Price Price

$527,571 $527.6K

Median Monthly Rent Rent

$1,942 $1.9K

GRM

23.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Elizabeth, NJ is $1,942, with MoM change +$17 and YoY change +$172 pointing to positive momentum while volatility is low (std $45).

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Metric

Base market Elizabeth, NJ

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Delta vs base

Median rent

$1,942

N/A

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Median price

$527,571

N/A

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YoY change

+$172

N/A

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Price-to-rent

22.6x

Data unavailable

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