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 07208 — Elizabeth
The Elizabeth housing market remains competitive, driven by strong demand for multi-family properties and proximity to NYC transit. While median prices have seen slight year-over-year fluctuations, the market maintains steady turnover and high rental demand. Investors continue to play a significant role in the local real estate landscape.
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 49 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 9.4% · poverty 14.4% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 07208, Union County NJ
The area is served by Elizabeth Public Schools, which maintains a diverse student body and various specialized academies.
The region faces standard urban flood risks and is subject to regional climate-resilience planning for the New Jersey coastal plain.
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 assessed by the Union County tax board and are among the highest in the nation, reflecting the city's reliance on local property levies for municipal and school funding.
Residents benefit from direct NJ Transit rail access to New York Penn Station, with typical commute times around 30-35 minutes.
The area features proximity to Warinanco Park and various local community centers, with easy access to regional shopping districts.
The rental market is characterized by high demand for multi-family housing, with significant investor activity and a mix of long-term and transient tenants.
The local economy is anchored by logistics, transportation, and healthcare, benefiting from its strategic location near major transit corridors and the Port of New York and New Jersey.
The area is highly accessible via the NJ Transit Northeast Corridor line and major highways including the New Jersey Turnpike.
Ongoing urban redevelopment projects focus on transit-oriented housing and the revitalization of the Midtown Elizabeth district.
Parcels are subject to Elizabeth Public Schools district taxes and Union County municipal levies.
Property insurance premiums are influenced by regional flood zone designations and the urban density of the housing stock.
Data retrieved from census.gov ZCTA profiles.
A large historic park featuring walking trails, sports fields, and seasonal ice skating.
A historic site and museum showcasing New Jersey's colonial and revolutionary history.
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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