Elizabeth is located in the northeastern part of the state of New Jersey and the seat of Union County. It is adjacent to Newark City and sits on Newark Bay. The settlement in Elizabeth began when it was purchased from the Delaware Indians in 1664. The city is considered to be highly industrialized, and its economy has been primarily run by necessary shipping operations and has facilities for containerized shipping. For some years, Elizabeth has been the leading center for the manufacturing of sewing machines until the Singer plant was closed in the 1980s. For the past decades, Elizabeth’s economy is still being dominated by food products, chemicals, and machinery, and the city became a vital healthcare and retail center of the region. Elizabeth’s rich history and diversity are one of the few reasons that visitors are continually rising over the years. Elizabeth has become a good option for people who are in the lookout to buying properties and settle down without having to break your savings.
Elizabeth, New Jersey Houses for Sale
Elizabeth, NJ Prices for Houses for Sale
AVERAGE
390,611
+7%
MEDIAN
383,983
+8%
Relative Price (per sqft.)
PRICE
Listings of Elizabeth Homes for Purchase
ACTIVE
122
-2%
NEW
96
+29%
Market Duration of Homes Sold
DAYS
39
-3%
Local Statistics
Population | 128,382 | (-0.01%) |
---|---|---|
House Size (sqft.) | 1,857 | (16.81%) |