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Elizabeth Real Estate

History



Elizabeth is one of New Jersey’s oldest cities, founded in 1664 and originally named Elizabethtown after Sir George Carteret’s wife. It played an important role in early colonial history and the American Revolution, serving briefly as New Jersey’s first capital. During the 19th and early 20th centuries, Elizabeth became a major industrial center with manufacturing in shipbuilding, sewing machines, and automotive parts. Over time, the city transitioned from heavy industry to a more service- and commerce-driven economy, while preserving many historic neighborhoods and landmarks.



Things to Do



  • Warinanco Park: A large, scenic park shared with neighboring towns, featuring walking paths, playgrounds, sports fields, and a lake.

  • Mattano Park: A smaller local park popular for recreation and community gatherings.

  • The Mills at Jersey Gardens: New Jersey’s largest outlet mall, offering shopping, dining, and indoor entertainment.

  • Midtown & Elizabeth Avenue: Busy commercial corridors with shops, cafés, and cultural activity.

  • Historic sites: Including colonial-era homes and churches that reflect Elizabeth’s long history.



Local Restaurants



Elizabeth has a diverse food scene that reflects its multicultural population, especially strong in Latin American, Portuguese, and Caribbean cuisine.



  • Latin American: Peruvian, Colombian, Dominican, and Mexican restaurants are widely available throughout the city.

  • Portuguese & Brazilian: Influenced by nearby communities, with traditional seafood, grilled meats, and bakeries.

  • Casual & family dining: Diners, pizzerias, and neighborhood cafés are easy to find in most sections of the city.

  • Shopping-area dining: Chain and casual restaurants clustered around Jersey Gardens.



What It’s Like Living There



Living in Elizabeth offers a mix of urban convenience and neighborhood character. Residents benefit from strong transportation options, including NJ Transit rail and bus access, proximity to Newark Liberty International Airport, and relatively quick connections to New York City. Housing options range from single- and multi-family homes to apartment buildings, with costs often more accessible than many surrounding areas.



The city is lively and diverse, with an active street life, local businesses, and community events. Like most urban areas, experiences vary by neighborhood, but many residents appreciate Elizabeth for its central location, cultural diversity, and everyday practicality for commuting and family life.

Coldwell Banker, Wyckoff/Franklin Lakes
Realty One Group Lifestyle Homes
Coldwell Banker, Wyckoff/Franklin Lakes

Elizabeth - Town vs. County Stats

Avg Price in Elizabeth: $742,500 / County Avg $777,100

96%

Avg Taxes in Elizabeth: $10,600 / County Avg $169,600

6%

Avg Year Built in Elizabeth: 2000 / County Avg 1955

102%

Avg Days on Website in Elizabeth: 81 / County Avg 53

153%

Elizabeth Real Estate Market Health

New Listings
Reductions
Foreclosures
Short Sales