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Multi-family Homes Foreclosure in Elizabeth, NJ

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Concord-pl-Elizabeth-NJ-07208
Preforeclosure

Concord Pl
Elizabeth, NJ 07208

| 1,784 Sq. Ft.

Fulton-st-Elizabethport-NJ-07206
Preforeclosure

Fulton St
Elizabethport, NJ 07206

| 1,568 Sq. Ft.

Delaware-st-#-34-Elizabeth-NJ-07206
Preforeclosure

Delaware St # 34
Elizabeth, NJ 07206

| 1,560 Sq. Ft.

Geneva-st-Elizabeth-NJ-07006
Preforeclosure
$329,290 EMV

Geneva St
Elizabeth, NJ 07006

9 465-irvington-ave-Elizabeth-NJ-07208
Preforeclosure

465 Irvington Ave
Elizabeth, NJ 07208

8 Bed | 3 Bath | 2,964 Sq. Ft.

4 Catherine-st-Elizabeth-NJ-07201
Short Sale
$249,900 List Price

Catherine St
Elizabeth, NJ 07201

4 Bed | 2 Bath

E-jersey-st-Elizabeth-NJ-07206
Bankruptcy

E Jersey St
Elizabeth, NJ 07206

Jackson-ave-Elizabeth-NJ-07201
Tax Lien

Jackson Ave
Elizabeth, NJ 07201

Court-st-Elizabeth-NJ-07206
Tax Lien

Court St
Elizabeth, NJ 07206

Inslee-pl-Elizabeth-NJ-07206
Tax Lien
$404,600 EMV

Inslee Pl
Elizabeth, NJ 07206

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Home Value Estimator For Elizabeth, NJ

There are currently 14,383 real estate properties in Elizabeth, NJ, with a median automated valuation model (AVM) price of $390,400.00. 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 $406,177.00, with the most expensive house in Elizabeth, NJ, topping out at $2,029,600.00 and the cheapest home in Elizabeth, NJ, clocking in at $127,000.00. 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 $1,869.00. Indeed, when looking to rent in Elizabeth, NJ, you can expect to pay as little as $950.00 or as much as $3,200.00, with the average rent median estimated to be $1,860.00. 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.


Foreclosure Homes in Elizabeth, NJ

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Elizabeth, NJ area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Elizabeth, NJ and much more. Save thousands at closing with home foreclosure listings in Elizabeth, NJ — up to 75% off market value!


Top Reasons To Live In Elizabeth, NJ In 2021

Elizabeth is located in Union, New Jersey, with an estimated municipal population of 129,216 residents. All of the best foreclosed homes for sale in Elizabeth are located in the following zip code areas on Foreclosure.com: 07208 07202 07201 07206 07207. The estimated population per square kilometer (.62 miles) in Elizabeth is 4,049.


Cost Of Living In Elizabeth, NJ

So, about how much do homes cost in Elizabeth? The most recent median value of resident-owned homes in Elizabeth is 282,687. An estimated 24.2 percent of households in Elizabeth own their homes, with an average family size of 3.61. The median household income in Elizabeth is 48,407, with17.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Elizabeth, the median commute time of resident workers (in minutes) is 26.4. And last, but certainly not least, are you looking for homes to rent in Elizabeth? If so, the average rent price paid by renters in Elizabeth is 1,163, according to recent statistics.


Diversity And Demographics In Elizabeth, New Jersey

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Elizabeth, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Elizabeth is 34.5, split between 50.2 percent male versus 49.8 female. The percentage of residents who report being married in Elizabeth is 37.8, with an average family size of 3.61.

The percentage of residents who report their race in Elizabeth is as follows:

White 41.5%
Black / African American 19.5%
Asian 1.9%
American Indian / Alaskan Native 0.5%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.3%
Other 33.2%

Looking for family-friendly neighborhoods in and/or near Elizabeth? Or maybe you are searching for 55+ active adult communities in and/or near Elizabeth?

The percentage of residents who report their age in Elizabeth is as follows:

Under 10 15.4%
Aged 10-19 14.2%
20s 14.3%
30s 14.7%
40s 14.2%
50s 11.8%
60s 8.7%
70s 4.1%
80+ 2.6%

Best Schools In Elizabeth, New Jersey

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Elizabeth with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Elizabeth.


Pros And Cons Of Living In Elizabeth, New Jersey

How do you know that living in -- or moving to -- Elizabeth is right where you need to be? Perhaps you grew up in Elizabeth or already live nearby; therefore, the decision to buy a home in Elizabeth is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Elizabeth for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Elizabeth:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Elizabeth.


Reasons To Move To Elizabeth, New Jersey, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Elizabeth can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Elizabeth, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Elizabeth, NJ

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