Provisional grade — derived from this report's measured data points; the county detector suite has not measured this geography yet. The measured ARED Score replaces it on the suite's next run.
ZIP 07201 — Elizabeth
The 07201 housing market is currently balanced, with a median sale price of $672,500 and homes selling near the asking price. While year-over-year price growth has cooled slightly, the market remains competitive due to strong demand for multi-family properties and proximity to NYC transit. Inventory levels remain tight, supporting stable values despite broader economic pressures.
This ZIP is well-suited for commuters seeking transit access to NYC and investors targeting the high-demand multi-family rental market.
Median prices moved down 2.3% year over year.
Homes spend a median of 34 days on market with 1.7 months of supply — a fast-moving market.
11% of listings have cut prices · homes sell at 99% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 10.9% · poverty 20.4% — a mixed stability profile.
versus the prior ACS vintage
ZCTA 07201, Union County NJ
The area is served by the Elizabeth Public School District, which manages a large portfolio of elementary, middle, and high schools.
The area faces standard urban flood and wind risks typical of the New Jersey coastal plain; insurance premiums are subject to regional hazard exposure.
Elizabeth serves as a major logistics and transportation hub due to its proximity to Newark Liberty International Airport and the Port of New York and New Jersey.
Property taxes in Elizabeth are levied by the city and Union County, with rates determined by local municipal budgets and school district requirements.
Residents benefit from proximity to major transit corridors, including NJ Transit rail service to New York Penn Station, typically a 30-35 minute commute.
The area features local urban parks and is within short driving distance of major shopping districts and regional entertainment venues.
The rental market is characterized by high demand for multi-family housing, though recent trends show a slight softening in rental price growth.
The economy is anchored by logistics, transportation, and proximity to major regional employment centers like Newark and New York City.
The area is highly accessible via the NJ Transit rail network and major highway arteries including the New Jersey Turnpike.
Ongoing urban redevelopment projects focus on transit-oriented housing and infrastructure improvements near the downtown core.
The Union County Board of Taxation oversees the assessment process, with valuations updated periodically to reflect market conditions.
Parcels are subject to municipal, county, and school district tax levies, with no major MUD/PID districts reported.
Property insurance costs are influenced by regional coastal hazard profiles and urban density factors.
New Jersey is a judicial foreclosure state, requiring court intervention for the foreclosure process.
New Jersey law requires sellers to provide a comprehensive property condition disclosure statement to buyers.
Data retrieved from US Census Bureau and local market reports.
Central community resource.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Forecasts are for speculation only and should not be used as a deciding factor in any transaction. Projections trend strictly from calculable historical values — the platform cannot predict market movements, market sentiment, or the market itself.
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Standard trend model — solid = measured history · dashed = projection anchored at each line's last measured point, following that series' trailing pace (CAGR capped ±12%/yr) or trailing mean · projections are estimates, not measured reads · every charted series runs the standard 5-year historical window with a 1-year forecast, trimmed from the full retained ledger — the forecast always extends into the future year (a lagging ledger bridges to it) and stops there on purpose: authoritative, not wizardry · every price line is county-assessed value from the district CAD — the tier's same-parcel assessment roll-up on the momentum tile, the assessed trajectory in raw dollar levels and as a YoY-chained index (base 100), and the month-over-month pace from nearby comparable sales pooled from the research track; a tier without comps yet keeps its pace story with the assessed trend. Inventory, liquidity, price-cut and foreclosure lines run on the platform's own measured series.
Unlocked in the Investor tier
Aggregate foreclosure counts for this geography — recorded notices, upcoming sales and distress weight against population. The filing-level ledger opens at Investor.
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