Above, you'll find an overview of the real estate market in Elizabeth, NJ. Generally, real estate in the Elizabeth, NJ area is more affordable in New Jersey, as the median price of a home in Elizabeth, NJ is $262,300, which is 17% lower than the New Jersey average. The median rental price in Elizabeth, NJ is $1,074. This is 11% lower than the average rental price in New Jersey. Home owners comprise 25.0% of the population of Elizabeth, NJ, where an average of 3.3 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Elizabeth, NJ. Below, you can search for real estate listings in Elizabeth, NJ using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.